Which one of the following is NOT a time management skill that can help sales professionals in achieving success:
A. Avoid overcommitting to nonessential tasks at the expense of core work tasks.
B. Avoid maintaining the account for the outcomes you aim to achieve before allocating time to achieve these outcomes.
C. Have a better sense of the time needed to complete tasks
D. Be selective in prioritizing time and spend time on high-priority tasks
E. Develop an effective plan to allocating efforts across goals, activities, and time periods.
Answer: B
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Which of the following statements is true of personal service contracts?
A. Personal service contracts include destruction to subject matter that can result in nonperformance. B. Specific performance is generally granted for personal service contracts because it does not require a form of involuntary servitude. C. Personal service contracts are the only contracts that terminate with the promisor's death. D. Personal service contracts recognize commercial impracticability as an excuse when unforeseeable developments take place.
Which of the following would not result in a permanent difference between pretax financial income and taxable income?
A) Product warranty costs B) Premiums paid for life insurance policies on officers of the company C) Interest revenue received from investments in municipal bonds D) Percentage depletion in excess of cost depletion on wasting assets
The Certified Information Technology Professional (CITP) is a professional designation for those with a broad range of technology knowledge and does not require a CPA.
Answer the following statement true (T) or false (F)
Minority, passive investments are initially recorded at the
a. acquisition cost. b. fair market value of the net assets. c. lower of cost or market. d. present value of future cash flows. e. future value of present cash flows.