Which type of close is intended to motivate a prospect to act immediately?
A. Summary-of-benefits
B. Alternative-choice
C. Balance-Sheet
D. Standing-room-only
E. Compliment
Answer: D
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Using the Direct Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the direct method. When using the direct method, where is the purchase of equipment for cash shown on the statement of cash flows?
A) Operating activity B) Investing activity C) Financing activity D) Noncash investing and financing activity