Short-term investments generally provide liquidity, safety, and a high rate of return
Indicate whether the statement is true or false.
Answer: FALSE
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The problem-solution sales approach requires salespeople from the selling organization to analyze the buyer's business to determine the problems the prospect is facing and then the most feasible solution
Indicate whether the statement is true or false
On May 1, 2010, Stanton Company purchased $50,000 of Harris Company's 12% bonds at 100 plus accrued interest of $2,000. On June 30, 2010, Stanton received its first semiannual interest. On February 1, 2011, Stanton sold $40,000 of the bonds at 103 plus accrued interest. The journal entry Stanton will record on February 1, 2011, will include:
A) a credit to Interest Revenue for $1,200. B) a credit to Gain on Sale of Investments for $1,200. C) a debit to Cash for $41,200. D) a credit to Interest Receivable for $500.
In a criminal lawsuit, guilt has to be proven beyond a reasonable doubt.
Answer the following statement true (T) or false (F)
Which of the following is true of hiring a third-party consultant instead of managing the survey internally?
A. It introduces subjectivity into the process. B. It helps the company gain a greater control in assessing the usefulness of the data. C. It may trade off some power over the decisions that determine the quality of the data. D. It reduces the company's expenses. E. It makes the process inefficient due to the lack of expertise.