The Purchases Discounts Taken account may appear in the accounting records if which one of the following methods is used to account for purchase discounts?
A) net price method
B) gross price method
C) allowance method
D) sales price method
B
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Salespeople do not represent customers to the company
Indicate whether the statement is true or false
In 1931, the concept of stakeholder theory was first presented by A.A. Berle who suggested that managers should be guardians of the investments of the organization. The expansion of this custodianship to include the wider community was developed by _________ and is the genesis of current stakeholder theory.
a. Edward Freeman b. E. Merrick Dodd, Jr. c. Milton Friedman d. Archie Carroll
Without satisfying the non-negativity constraint, a solution that satisfies all the other constraints of a linear programming problem is called:
A) feasible. B) infeasible. C) semi-feasible. D) optimal.
The first step in the selling process is:
a. preparing b. approaching c. presenting d. prospecting e. closing