Sales representatives are often compensated, at least in part, on a percentage of the sales revenue. This percentage is known as a
A. commission.
B. finder's fee.
C. bonus.
D. base salary.
E. sales increment.
Answer: A
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Carlos borrowed $100 from his friend, Juanita. Carlos signed a handwritten note stating, "I promise to pay $100 to the order of Juanita." Under these circumstances, the note is ________.
A. negotiable because it meets all the requirements for negotiability B. not negotiable because it does not acknowledge the reason for the debt C. negotiable because it is a simple contract D. not negotiable because it does not state the time payment is due
Classify each cost of a furniture manufacturer as either product cost (PR) or period cost (PE)
Cost PR or PE Vice president of marketing's salary Delivery expense Wood used to make tables Depreciation on office equipment Production supervisor's salary Factory insurance Corporate office rent What will be an ideal response
Gordon Moore, cofounder of Intel, observed in 1965 that the continued advances in technological innovation made it possible to reduce the size of transistors, doubling their density on the chip every four years.
Answer the following statement true (T) or false (F)
One reason that outsourcing lowers costs is because it doesn't require any oversight
Indicate whether the statement is true or false