A ___________ is an increase in net assets from an event incidental to the company's business.

a. liability
b. gain
c. asset
d. loss
e. stockholder's equity

Answer: b. gain

Business

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Methods that provide economic value greater than the cost of using them are said to have _____.

A. reliability B. utility C. validity D. generalizability E. dependability

Business

With respect to powerful brand elements, ________ is an extremely efficient means to build brand equity. This element functions as a useful "hook" or "handle" to help consumers grasp what the brand is and what makes it special

A) the tangibility of a product B) a product's shape C) a slogan D) a patent E) a copyright

Business