Today's customers expect a salesperson to have extensive product knowledge, to be efficient and reliable, and to provide ideas to improve the customer's operations. These demands are forcing companies to make higher investments in ________
A) sales training
B) internal selling
C) management controls
D) advertising
E) sales promotions
A
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What is the effect on net income if a company fails to record a purchase in transit (FOB shipping point) and also fails to include the purchase in physical inventory?
A) Income is overstated. B) Income is understated. C) Income is correct. D) Not enough information is provided to determine the answer.
The United Nations Framework Convention on Climate Change (UNFCCC) was adopted at the Stockholm Declaration
Indicate whether the statement is true or false
Jackson, owner of the Easy Ride Taxi Company, was taken into custody and accused of over-billing Medicaid $1,000 for transportation never provided for clients. With what crime will Jackson be charged?
Answer the following statement(s) true (T) or false (F)
1. In order to have an express warranty one party must explicitly say “I warranty (or guarantee) that...”. 2. The actions of the agent that are authorized by the principal are legally binding on the principal. 3. Checks and money orders are examples of intangible personal property. 4. Patents give inventors the rights to their products for seventeen years and are renewable in ten-year increments after that. 5. Trademarks cannot be renewed.