Discuss and exemplify how you can take your time to think through your answer before responding.

What will be an ideal response?


First, repeat or paraphrase the question asked, and then ask the questioner how she or he might answer the question him or herself. If needed, you might also defer to another audience member prior to responding with your own response. If you don’t know or can’t come up with a good answer, don’t bluff or say “No comment.” Simply respond, “That’s a question I would like to look into. Let me have your contact information, and I will get back to you.”

Business

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In a cash receipts journal, ________.

A) cash sales are recorded in the Accounts Receivable CR column and the Cash DR column B) collections on account are recorded in the Accounts Receivable DR column and the Cash DR column C) the miscellaneous cash receipt transactions are ignored D) the cash sales are recorded in the Sales Revenue CR column

Business

A commission is a fixed sum of money paid at regular intervals.

Answer the following statement true (T) or false (F)

Business

A company that buys capacity instead of (or in addition to) making product is practicing _______.

What will be an ideal response?

Business

Small stock dividends increase the Paid-In Capital in Excess of Par account

Indicate whether the statement is true or false

Business