A salesperson following the Core Principles of Professional Selling is helpful and honest with customers even if that means losing sales.
Answer the following statement true (T) or false (F)
True
The Core Principles of Professional Selling place customers before personal gain. Customers want to trust salespeople, and being ethical can build strong customer relationships.
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When the straight-line method of amortization is used for a bond discount, the amount of interest expense for an interest period is calculated by
a. adding the amount of discount amortization for the period to the amount of cash paid for interest during the period. b. deducting the amount of discount amortization for the period from the amount of cash paid for interest during the period. c. multiplying the carrying value of the bonds by the effective interest rate. d. multiplying the face value of the bonds by the face interest rate.
Stock A has a beta of 0.8 and Stock B has a beta of 1.2. 50% of Portfolio P is invested in Stock A and 50% is invested in Stock B. If the market risk premium (rM? rRF) were to increase but the risk-free rate (rRF) remained constant, which of the following would occur?
A. The required return would decrease by the same amount for both Stock A and Stock B. B. The required return would increase for Stock A but decrease for Stock B. C. The required return on Portfolio P would remain unchanged. D. The required return would increase for Stock B but decrease for Stock A. E. The required return would increase for both stocks but the increase would be greater for Stock B than for Stock A.
Pick the best set of adjectives that may be positively associated with creativity.
A) Self-confident, commonplace, resourceful B) Overconfident, suspicious, humorous C) Original, clever, reflective D) Affected, commonplace, capable
Depreciation of fixed assets is considered to be a discretionary cost
Indicate whether the statement is true or false