Balance of power is most likely the issue a salesperson must consider when responding to a ________ tactic
A) budget limitation
B) feel-felt-found
C) let-us-split-the-difference
D) "if...then"
E) "sell low now, make profits later"
D
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Name three Sarbanes-Oxley Act requirements and duties of the members of the audit committee of a public company.
What will be an ideal response?
Use this information to answer the following question. The following totals for the month of September were taken from the payroll register of Meadors Company: Salaries expense $24,000 Social security and Medicare taxes withheld 1,100 Income taxes withheld 5,000 Medical insurance deductions 500 Life insurance deductions 400 Salaries subject to federal and state unemployment taxes of 6.2 percent
8,000 The entry to record the accrual of federal unemployment tax (assume FUTA tax of 0.8 percent) would include a A) credit to Federal Unemployment Tax Payable for $64. B) debit to Federal Unemployment Tax Payable for $64. C) debit to FUTA Tax Expense for $64. D) credit to Payroll Taxes and Benefits Expense for $64.
When a transposition error is made on the trial balance, the difference between the debit and credit totals on the trial balance will be
A) zero B) twice the amount of the transposition C) one-half the amount of the transposition D) divisible by 9
The difference between sales and cost of goods sold is called:
A) net income. B) gross profit. C) contribution margin. D) finished goods inventory.