Julia is a salesperson who works for a tea manufacturing company, and her friend Jessica is a salesperson who works for a clothing company. Given this information, it can be said that Julia and Jessica are _____.
A. dormant partners
B. consultative salespeople
C. relational salespeople
D. venture capitalists
E. noncompeting salespeople
Answer: E
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A company's weekly payroll amounts to $50,000 and payday for the week is every Friday. Employees work five days per week, Monday through Friday. The appropriate journal entry was recorded at the end of the accounting period, Monday, March 31, 2016 . What amount is wages expense for April for the payday, Friday, April, 4, 2016?
a. $ -0- b. $40,000 c. $10,000 d. $50,000
When a manufacturing company employs standard costs, all costs affecting the three inventory accounts and the Cost of Goods Sold account are stated in terms of actual costs rather than in terms of standard costs incurred
Indicate whether the statement is true or false
How is the bargain element for a stock option calculated?
A. The difference between the market price on the sale date and the strike price. B. The difference between the strike price and the market price on the date of grant. C. The difference between the market price on the exercise date and the strike price. D. The difference between the market price on the exercise date and the market price on the date of grant.
The net present value profile clearly demonstrates that the NPV of a project increases as the
discount rate increases. Indicate whether the statement is true or false