The canned sales presentation is primarily used by experienced salespeople.
Answer the following statement true (T) or false (F)
False
The memorized method ensures that the salesperson gives a well-planned presentation and that all of the company's salespeople discuss the same information. The method both aids and lends confidence to the inexperienced salesperson.
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Which of the following transactions affects the liabilities for Gravette, Inc?
a. Supplies are purchased for cash by Gravette. b. Gravette places an order for merchandise with a supplier; the merchandise will be shipped to Ernest White in 60 days. c. The owners of Gravette invest $100,000 in the company. d. Payment is made on a bank loan which Gravette had obtained 6 months ago.
FastBreak Ltd. is dissatisfied with its ranking in Google Inc's search results. FastBreak files a suit against Google, seeking an injunction. Google argues that its search results are constitutionally protected speech. FastBreak's best argument against Google's position is that
a. the First Amendment protects humans against state censorship and protecting a computer's speech is not related to that purpose. b. the trillions of decisions made by computers each day do not all constitute protected speech. c. computerized algorithms, which generate computer language, do not constitute speech. d. search results constitute commercial speech, for which the First Amendment provides only limited protection.
How does a partner treat premiums on health insurance provided by the partnership?
A. As an ordinary income item reported on a W-2. B. As a separately stated item. C. As a capital gain item. D. As a guaranteed payment.
Which of the following would probably NOT need to be disclosed in a footnote?
A) Change of inventory methods B) A material change in estimated shrinkage C) A change in depreciation method D) A 10% increase in sales