Under the periodic inventory system, which of the following amounts will always stay the same regardless of the inventory valuation method used?
A) ending merchandise inventory
B) cost of goods sold
C) gross profit
D) purchases
D
Business
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A property is not listed for sale. A person who wants the property executes an offer to purchase it through a real estate agent and gives the broker a $5,000 check as a deposit. The broker:
a. can accept the check in behalf of the property owner provided he presents the offer directly to the seller as the sellers agent. b. cannot accept the check. c. can accept the check as the exclusive agent of the buyer. d. none of the above.
Business
In a short essay, describe the characteristics of a marketing information system and discuss how it differs from a decision support system
What will be an ideal response?
Business