Sara decided to incorporate her business under the name Gomo, Inc Before Gomo was incorporated, Sara signed a contract in the name of Gomo, Inc to lease a store front. Sara did not tell the other party that Gomo was not yet formed. Sara is personally liable on the lease
Indicate whether the statement is true or false
True
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Planet & Co reported net income for the current year. Which of the following business transactions would cause cash from operating activities to be higher than the amount of net income?
a. Cash dividends were paid to stockholders during the year. b. Depreciation expense was recorded for the year. c. A bank loan was repaid during the year. d. Equipment was purchased for cash during the year.
The role model assigns specific access privileges directly to individuals
Indicate whether the statement is true or false
People tend to view the world in a self-serving manner and define the rational thing to do or a fair outcome or process in a way that benefits themselves.
Answer the following statement true (T) or false (F)
Which of the following is most likely a true statement regarding prospecting?
A) Personal observation is an unlikely prospecting technique. B) Cold call prospecting is a systematic approach to identifying prospects. C) The response rate for e-mails is high, so they are a valid source of prospects. D) A salesperson cannot afford to spend time calling on persons who are not legitimate prospects. E) Networking should be avoided as a source of prospects because it is unprofessional to mix business and friendship.