A firm's initial sales training program should cover company policies, product information, building relationships with customers, and selling skills.
Answer the following statement true (T) or false (F)
True
A company's sales training program should cover at least the following areas: (1) company policies and practices, (2) product information, (3) how to build relationships with customer firms, and (4) professional selling skills.
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Jordan's net income for the year ended December 31, Year 2 was $203,000. Information from Jordan's comparative balance sheets is given below. Compute the cash received from the sale of its common stock during Year 2. At December 31Year 2Year 1Common Stock, $5 par value$518,000? $466,200? Paid-in capital in excess of par 966,000? 869,200? Retained earnings 706,000? 598,200?
A. $203,000. B. $148,600. C. $96,800. D. $107,800. E. $51,800.
The qualitative characteristics describe the attributes that enhance the usefulness of financial reporting information. The FASB's conceptual framework sets forth the qualitative characteristic of _____ that refers to information that can make a difference in a resource allocation decision by helping users to form predictions about the outcomes of future events and to confirm or correct prior
information or expectations. Receiving information in a timely manner (referred to as timeliness) so that it can influence decisions is an aspect of this qualitative characteristic a. relevance b. reliability c. comparability d. materiality e. understandability
Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation?
A) 2 B) 3 C) 4 D) 8 E) 16
Jolie signs a contract with Keaton, an unlicensed physician, to perform plastic surgery—a medical procedure. This contract is enforceable by
a. Jolie. b. Jolie's medical insurance company. c. Keaton. d. no one.