Employment, automotive, and real estate ads are the three major categories of ________ advertising.

A. special
B. insert
C. local display
D. classified
E. retail


Answer: D

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Which of the following would be considered a committed fixed cost ( a cost that is incurred regardless of the level of activity during the period)?

a. depreciation expense b. bad debt expense c. advertising expense d. cost of goods sold

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A contingent liability is recognized when the amount can be reasonably estimated and the likelihood of loss is probable

Indicate whether the statement is true or false

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Before making a close, the salesperson should put away all visual aids since they will distract the prospect.

Answer the following statement true (T) or false (F)

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The C in the acronym for the OUCH test stands for what?

A. Consistent in Effect: ensuring the result is not significantly different for different groups B. Contained approach: restrained or calm C. Capitulating effort: to stop resisting; to accept something you were resisting or opposing D. Circumvented: to get around something in a clever and sometimes dishonest way E. None of the above

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