What event contributed most to the increased need for telecommunications salespeople?
A) deregulation of telephone service
B) anti-trust suits brought against the telecommunications industry
C) financial improprieties in the telecommunications industry
D) creation of a national regulatory committee for telephone service
E) development of voice-over-IP (VOIP) technologies
A
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Which of the following would be considered a product cost for a manufacturing company?
A) salary of the sales manager B) salary of the CEO C) salaries of the accounting staff D) salary of the production manager
The income statement links the beginning and ending balance sheets
Indicate whether the statement is true or false
The depreciation method that charges the same amount of expense to each period of the asset's useful life is called:
A. Modified accelerated cost recovery system (MACRS) depreciation. B. Units-of-production depreciation. C. Accelerated depreciation. D. Declining-balance depreciation. E. Straight-line depreciation.
Which of the following statements is true of an offer that was not communicated?
A) The offer stays valid for 30 days from the date of creation. B) The offer cannot be accepted by the offeree if not communicated. C) The offeree can claim an offer that was not communicated. D) The offer is considered to be an implied term.