What is the function of a channel sales representative?
A. to promote the firm and encourage demand for its products
B. to create customized solutions for customers
C. to process customer-initiated orders
D. to secure new distribution intermediaries
E. to handle all aspects of delivery
Answer: D
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This question contains two parts; be sure to answer both. First, define a virtual team and explain some of its benefits. Second, suppose you are the leader of a virtual team that writes test questions for the SAT test. Your team is composed of six members who live and work in three different countries—question writers, question testers, and administrative assistants. What are some of the challenges you might face in leading the team, and what techniques might you use to face those challenges?
What will be an ideal response?
The correct adjusting entry for accrued and unpaid employee salaries of $7800 on December 31 is:
A. Debit Salary Expense, $7800; credit Fees Earned, $7800. B. Debit Salary Expense, $7800; credit Prepaid Salary, $7800. C. Debit Salary Expense, $7800; credit Cash, $7800. D. Debit Salary Expense, $7800; credit Salaries Payable, $7800. E. Debit Salaries Payable, $7800; credit Salary Expense, $7800.
The normal balance of an account is the side (debit or credit) used to decrease the account
Indicate whether the statement is true or false
________ bonds are also known as debentures
a. Income b. Unsecured c. Convertible d. Callable