Kelly's Kitchen, a popular chain of fast food restaurants, offers a kids' meal pack free with every purchase of its luxury meal pack. This is an example of a:

a. trade allowance.
b. loyalty marketing program.
c. rebate.
d. premium.

ANSWER: d

Kelly's Kitchen offers a premium along with its luxury meal pack. A premium is an extra item offered to the consumer, usually in exchange for some proof that the promoted product has been purchased.

Business

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If sales are $540,000, expenses are $440,000 and dividends are $50,000, Income Summary:

A. Will have a credit balance of $50,000. B. Will have a debit balance of $50,000. C. Will have a debit balance of $100,000. D. Will have a credit balance of $100,000.

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When an interviewer says Tell me about yourself, your response should focus on your personal interests and hobbies-not your experiences or credentials relevant to the position

Indicate whether the statement is true or false

Business