A statement that is based on observable, sensory data and is only about the past or present is a
A) statement of value B) statement of opinion C) statement of inference D) statement of fact
D
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The demonstration approach is appropriate for salespeople who use the memorized sales presentation method.
Answer the following statement true (T) or false (F)
Each member is asked the same question in relation to a work issue and requested to write as many answers as possible. Answers are read aloud and recorded for discussion. Then the ideas are put to the vote. No criticism or judgment of any ideas is allowed. This describes which type of team decision- making?
a. Nominal group technique b. Delphi technique c. Intuitive technique d. Rational decision-making technique
What is the default format with regard to financial projections for startups seeking angel and/or venture capital?
a. Show only top-line revenue b. Show monthly projections for the first two years and annually for outlying years c. Show annual projections up to ten years d. Show annual projections up to five years
Joseph Company purchased a delivery van on January 1, Year 1 for $35,000. The van is estimated to have a 5-year useful life and a $5,000 salvage value. How much expense should Joseph recognize in Year 1 related to the use of the van?
A. $6,000 B. $5,000 C. $7,000 D. $30,000