Telemarketers, retail sales clerks, and new field salespeople often use the need-satisfaction approach during the initial sales presentation
Indicate whether the statement is true or false
FALSE
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Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end ofthe year. Net income reported on the income statement for the year was $105,000 . Exclusive of the effect ofother adjustments, the cash flows from operating activities to be reported on the statement of cash flows preparedby the indirect method is
a. $105,000 b. $118,000 c. $92,000 d. $169,000
CEOs often have stronger impact in young organizations.
a. true b. false
Interest earned on previously earned interest is referred to as ____________________.
Fill in the blank(s) with the appropriate word(s).
In a sale or return transaction, until the actual return of the goods is made, title and risk of loss remain with the buyer
Indicate whether the statement is true or false