Questions cannot be used to unveil objections.

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


False

Asking questions is an effective way to uncover objections. Prospects who are unsure about why they are reluctant may reveal their concerns through questioning.

Business

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Comfort Shoes received a promissory note from a customer on April 1, 2016 . The face amount of the note is $2,000; the terms are 12 months and 8% annual interest. At the maturity date, the customer pays for the note and interest. Comfort Shoes made the proper adjustment at the end of December for interest. The effect of recognizing the transaction on the maturity date is

a. A decrease to Cash b. An increase to Notes Receivable c. An increase to Discount on Notes Receivable d. A decrease to Notes Receivable

Business

A firm's accounts payable ledger may include accounts for creditors who are not suppliers of merchandise.

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

Business

Marlow Company purchased a point of sale system on January 1 for $3,400. This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?

A. $544. B. $480. C. $600. D. $300. E. $680.

Business

The term ________ refers to a defense that says a person who is injured by a defective product but has been negligent and is partially responsible for his or her own injuries cannot recover from the defendant

A) contributory negligence B) negligence per se C) assumption of risk D) comparative negligence

Business