A salesperson should avoid making personal relationships with clients.
Answer the following statement true (T) or false (F)
False
Although business relationships initially revolve around business issues, they often develop into personal relationships, which is acceptable.
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Only certain specified individuals, and not members of the general public, can be incidental beneficiaries of contracts.
Answer the following statement true (T) or false (F)
A construction company uses the percentage-of-completion method for long-term construction contracts. A particular job was begun in 2014 and completed in 2015 . During 2014, it appeared that the project would cost 25 percent more than originally expected. Data at the end of each year are given below: 2013 2014 2015 End-of-year estimated cost remaining $ 200,000 $ 100,000 $ - Annual cost incurred
200,000 200,000 60,000 The contract price was $700,000 . Assuming the company properly recorded income in 2013 . how much income should be recorded in 2014? a. $10,000 b. $42,000 c. $160,000 d. $192,000
Answer the following statements true (T) or false (F)
1. The Hawthorne studies were originally 2. The human relations approach during the Carnegie era was manipulative. 3. Empowerment is delegating power to employees in the organization. 4. A goal of empowerment is to allow employees more freedom within their jobs. 5. Contemporary CEOs are returning to an autocratic model of leadership.
A cashier's check is a two-party check
Indicate whether the statement is true or false