Citations enable writers to identify the sources of information used _______________
a. by all readers
b. in the text itself
c. unnecessarily
d. inappropriately
b
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A merchant establishment operated by a concern that is engaged primarily in buying, taking title to, usually storing and physically handling goods in large quantities, and reselling the goods to retail or to industrial or business users is known as
wholesaler. Indicate whether the statement is true or false
Which of the following is a rare situation that may arise in a privately owned company that wants to decrease the amount of income taxes paid to the government?
a. Understating purchases b. Overstating net income c. Understating inventory d. Understating cost of good sold
The last step in the accounting cycle is to
a. prepare a post-closing trial balance. b. journalize and post closing entries. c. prepare financial statements. d. journalize and post adjusting entries.
Which of the following is an example of a performance objective a sales manager might set for his sales force?
A) Each salesperson must call on three new prospects each week. B) Each salesperson should belong to a community service organization. C) Each salesperson should have at least $400,000 in net sales annually. D) Each salesperson must get at least one referral from each customer. E) Each salesperson must make a follow-up call within 48 hours of a sale.