________ skills refer to the seller's understanding and proficiency in the performance of specific tasks.
A. Technical
B. Automated
C. E-selling
D. Nonhuman
E. Conceptual
Answer: A
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Which of the following suggests a weakness in the internal control environment?
a. the firm has an up-to-date organizational chart b. monthly reports comparing actual performance to budget are distributed to managers c. performance evaluations are prepared every three years d. the audit committee meets quarterly with the external auditors
Consumers' needs and wants are fulfilled through ________
A) value B) demand C) desire D) market offerings E) ideas
A transfer price can be based on a market price for products that has been reduced in the process of bargaining by division managers
Indicate whether the statement is true or false
Which of the following is/are true regarding stock rights?
a. U.S. GAAP does not require recognition of the rights on the date of the grant. b. Firms often issue stock rights to raise new capital from current shareholders. c. Shareholders may exercise the stock rights or sell them to others. d. IFRS does not require recognition of the rights on the date of the grant. e. all of the above