Forecasts may be influenced by a product's position in its life cycle
Indicate whether the statement is true or false
TRUE
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October November December Budgeted S&A Expenses Salary expenses10,000 10,500 11,000 Sales commissions, 5% of sales5,000 5,500 5,300 Insurance expenses2,000 2,000 2,000 Rent2,400 2,400 2,400 Depreciation on equipment1,500 1,500 1,500 Utilities1,100 1,300 1,500 Total operating expenses22,000 23,200 23,700 Schedule of Cash Payments for S&A Expenses Salary Expenses? 10,500 ? 100% of prior month sales commissions5,100 ? ? Insurance Expense2,000 2,000 2,000 Rent? ? 2,400 100% of Prior months utilities expenses1,200 ? ? Total payments foe S&A expenses? ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement?
A. $64,400 B. $23,700 C. $63,900 D. $68,900
Which organizational pattern groups information around central themes or ideas that can help audience members remember the new information in chunks or groupings?
a. chronological b. topical c. spatial d. cause-and-effect
When long-term investments in bonds are sold before their maturity date, the seller would receive the sales price less commissions plus any accrued interest since the last interest payment date
Indicate whether the statement is true or false
What time sequence is appropriate for meeting minutes?
A) Functional B) Chronological C) Eastern Daylight Savings D) Global Time