An Advantage to Rationalized Retailing Programs Is the _____

question 9

Multiple Choice

An advantage to rationalized retailing programs is the _____.

• A)ease of expansion
• B)low investment
• C)appeal to a well-defined market target
• D)spreading of risk due to diversification

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Definitions:

Completed Contract

A method in accounting where all revenue and expenses of a contract are recognized only when the contract is completed.

Percentage Of Completion

An accounting method that recognizes revenues and expenses of long-term projects as a percentage of the work completed during the period.

Inventory

Goods or materials that a business holds for the ultimate goal of resale, including raw materials, work-in-progress, and finished goods.

Cost

The value of the financial resources expended to acquire or produce a product or service.