A commission is a fixed sum of money paid at regular intervals.
Answer the following statement true (T) or false (F)
False
A commission is payment based on short-term results, usually a salesperson's dollar or unit sales volume.
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Follow up after the sale if for the purpose of evaluating the effectiveness of the product.
Answer the following statement true (T) or false (F)
Which of the following statements is false?
a. The final step in the budgeting process is the preparation of budgeted financial statements to allow management to decide whether or not the proposed results are acceptable. b. The first step in the budgeting process is to prepare a statement showing the cost drivers. c. The financial budget is prepared after the operating budget. d. Continuous budgets cause managers to always be thinking twelve months in advance.
Which of the following characteristics is not essential for a change leader?
a. Communication and interpersonal skills b. Determination c. Flexibility d. Rigidity
An offer for a unilateral contract can always be revoked at any time prior to the offeree's
completion of the requested act. Indicate whether the statement is true or false