Which choice best describes the information that should be disclosed related to derivative contracts?
a. Fair value
b. Notional amount
c. Both of these
d. Neither of these
C
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A culture with a long-term orientation will have trainees who are likely to accept development plans and assignments.
Answer the following statement true (T) or false (F)
You are a home appliance salesperson. One of your customers wants his television to be repaired on a holiday, but the company service manager is on vacation. The company regulations say that without written consent from the service manager, service engineers are not allowed to work on holidays. How would you handle this situation?
A. Provide service without approval and without pay. B. Ignore the customer's request until the service manager returns. C. Try to obtain approval by phone from the service manager or a higher authority. D. Inform the customer that the company policies are against such a service. E. Advise the customer to seek the help of a freelance service person.
Which of the following statements should a salesperson use as a denial response to a prospect's objection?
A. "That's true. It does have a shorter shelf life, but that really hasn't been a problem. It is so popular it never stays on the shelf that long anyway." B. "I think I might be able to explain that better to you after showing you this diagram." C. "As I was saying, …." D. "Yes, you're right, it is lighter but that is done intentionally to make your work easier." E. "Where did you hear that? Your source must have erroneous information."
Which of the following is NOT true about Social Security?
A) Disability insurance is one program within the system. B) Employees pay for Social Security when they file their federal income tax returns. C) Contributions made by the employer are tax deductible. D) Employees and employer pay matching contributions.