Which of the following is true of electronic materials as a sales aid?
A. Its demand in sales process has declined in recent years.
B. It is expensive and difficult to produce.
C. It does not involve product demonstrations and competitive comparisons.
D. It can be customized for specific buyers.
E. It does not provide a realistic portrayal of a product or service.
Answer: D
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Which of the following accounts is not considered a selling expense?
a. Sales Salaries Expense b. Office Salaries Expense c. Store Supplies Expense d. Depreciation Expense--Store Equipment e. Miscellaneous Selling Expense
Which of the following is true about a partnership?
A) It must be created in writing. B) It can only be created orally. C) It must be created among three people. D) It can be created in writing.
Which of the following statements about the various kinds of risk is true?
A. Interest rate risk and inflation risk are diversifiable risks. B. Economic risk and political risk are systematic risks. C. Business risk and exchange rate risk are firm-specific risks. D. Financial risk and default risk are market risks. E. Default risk and economic risk are relevant risks.
Tax treaties typically result in ________ between the two countries in question
A) lower property taxes for U.S. citizens overseas B) elimination of differential tax rates C) increased double taxation D) reduced withholding tax rates