For sales managers to understand how the members of the Reliable Tools sales force spend their time, the salespeople must submit a(n) ________

A) expense report
B) time-and-duty analysis
C) mobile conferencing schedule
D) sales forecast
E) incentive plan


B

Business

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A static forecast of the incremental revenue from a tax rate increase presumes that:

A. The tax base will decrease by the same proportion as the rate increase. B. The tax rate and the tax base are correlated. C. The tax base will increase by the same proportion as the rate increase. D. The tax base will not change because of the rate increase.

Business

The human capital theory assumes that people are paid at the value of their reservation wage.

Answer the following statement true (T) or false (F)

Business

A limited liability partnership may exempt its partners from personal liability for any partnership obligation.

Answer the following statement true (T) or false (F)

Business

Which of the following statements regarding a budget is true?

A. It shows the computation of the interest on a loan. B. It is a schedule of personal investments. C. It is a list of prepaid expenses. D. It is a detailed financial report that looks forward. E. It identifies your assets and liabilities.

Business