Which of the following statements about time management is true?
A. The time of day when a buyer is most likely to be willing to see a salesperson is called the sales evaluating time.
B. Prime selling time depends on the buyer's industry.
C. Successful salespeople know that once their daily plan is set, they should not deviate from it.
D. Prime selling time is the time a salesperson devotes to performing nonselling activities.
E. Prime selling time is the same across most industries.
Answer: B
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Prepare general journal entries for the following transactions for the current year: Apr. 25?Sold $4,500 of merchandise to Dunn Corp., receiving a 10%, 60-day,$4,500 note receivable. June 24The note of Dunn Corp. received on April 25 was dishonored.
What will be an ideal response?
Wholesome Bread, Inc advertised that its honey wheat bread had 25% fewer calories than a competing brand, Valley Grains. In fact, Wholesome's bread had the same amount of calories as Valley Grains' bread. Wholesome Bread's conduct
a. does not violate the Lanham Act because of the First Amendment freedom of speech. b. does not violate the Lanham Act because Wholesome did not act with actual malice. c. does not violate the Lanham Act because comparative ads are exempt from the law. d. violates the Lanham Act.
In general, financial managers are concerned with which of the following?
A) Creating economic wealth B) Making investment decisions that optimize economic value C) Making business decisions that optimize economic wealth D) All of the above
Securities are made up of
a. stocks. b. bonds. c. mutual funds. d. (All of these)