According to the Core Principles of Professional Selling, the honesty of your sales presentation will convince people that you can be trusted.
Answer the following statement true (T) or false (F)
True
Honesty during a sales presentation conveys to a prospect that the salesperson can be trusted, which bridges the gap between buyer and seller.
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Interest expense is not included in the selling and administrative budget because a company cannot estimate interest expense until it prepares the cash budget and makes borrowing projections.
Answer the following statement true (T) or false (F)
Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15, 2010 . Payment occurs on January 20. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% The entry on January 20 would be a debit to
a. Salaries Payable and a credit to Cash. b. Salaries Payable and a credit to Salaries Expense. c. Salaries Expense and a credit to Cash. d. Salaries Expense and a credit to Salaries Payable.
An unfunded pension liability is reported on the balance sheet as
A) current liability B) owner's equity C) long-term liability D) current liability or long-term liability, depending upon when the pension liability is to be paid
In which of the following Canadian provinces is the legal system based upon a civil code
system rather than the common law? A) British Columbia B) Quebec C) New Brunswick D) Ontario E) Newfoundland and Labrador