Which of the following words best describes advertising?
A. free
B. unsponsored
C. spontaneous
D. unemotional
E. persuasive
Answer: E
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A(n) _________________________ results when cash is received before the related amount is reported on the income statement
Fill in the blank(s) with correct word
JGB manufactures the K-Nine brand of dog food that is carried in supermarkets across the country. The company has always used wholesalers instead of selling directly to the retailers
However, recently, the sales team at JGB has noticed that wholesalers don't aggressively promote JGB's product line. They often don't carry enough inventory and therefore don't fill customers' orders fast enough. However, the marketing team insists that the wholesaling route is the best. What reasons can the marketing team offer to justify this?
Harry Potts is a salesperson for a national pet food company
He meets Karen Sharp, a buyer for a large, specialty pet retailer, and speaks to her at length about the product categories and brands of pet food the retailer currently carries as well as future needs. At which step of the selling process is Harry Potts in the above scenario? A) approach B) preapproach C) qualifying D) prospecting E) closing
Interim financial statements refer to financial reports:
A. Where the adjustment process is used to assign revenues to the periods in which they are earned and to match expenses with revenues. B. That cover less than one year, usually spanning one, three, or six-month periods. C. That show the assets above the liabilities and the liabilities above the equity. D. That are prepared before any adjustments have been recorded. E. Where revenues are reported on the income statement when cash is received and expenses are reported when cash is paid.