After the business analysis phase of the new product development process, a physical version of the product is typically developed. This is called a ________
A) test market
B) focus group
C) business analysis
D) product concept
E) prototype
E
Business
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GAAS require the auditor to be independent. An auditor is independent if (s)he is
a. Competent b. Independent in fact and in appearance c. Consistent and independent in fact d. Logical and intellectually honest
Business
The gross margin on a product bears a direct relation to the direct product profit
Indicate whether the statement is true or false
Business