Which of the following is not true about mobile marketing?

A) Mobile marketing is the fastest growing form of online marketing.
B) Mobile marketing is growing at around 30% a year.
C) A substantial part of mobile marketing should be counted as social marketing.
D) People use most of their mobile minutes while they are on the go.

D

Business

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Which of the following is least likely to be correct about the factoring of receivables?

A) the selling firm bears the risk of default B) the higher the perceived quality of the receivables, the lower the discount rate C) factoring may be the cheapest method of avoiding a cash flow problem D) the discount is paid by the selling firm in the form of reduced sales price

Business

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $12,000 and paid $770 for the freight-in. The company sold the whole lot to a supermarket chain for $13,000 on account

The company uses the specific-identification method of inventory costing. Which of the following entries correctly records the cost of goods sold? A) Cost of Goods Sold 12,770 Merchandise Inventory 12,770 B) Merchandise Inventory 12,770 Cost of Goods Sold 12,770 C) Cost of Goods Sold 12,000 Sales Revenue 12,000 D) Cost of Goods Sold 12,000 Merchandise Inventory 12,000

Business