A few strategies to use when practicing active listening with customers is to be ready to listen and take notes, ask questions, and restate the customer's points for clear understanding.
Answer the following statement true (T) or false (F)
True
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Virginia Jackson is opening Jackson Realty on January 2. For several weeks she has been busy putting together an operating budget for the first quarter of operations for her new business. Virginia has estimated her selling and administrative (S&A) costs as follows:?JanuaryFebruaryMarchDepreciation$ 1,000$ 1,000$ 1,000Marketing expenses2,0001,4001,000Miscellaneous costs500400400Rent expense5,0005,0005,000Salary expense4,0008,0008,000Sales commissions1,0001,2001,400Utilities expense 1,000 800 1,000Total S&A costs before interest$ 14,500$ 17,800$ 17,800All selling and administrative costs are paid when incurred except utilities, marketing expenses, and sales commissions. These items are paid in the
month following the month incurred.Required:1) Prepare a schedule of cash payments for selling and administrative expenses for January through March.2) What liabilities, in what amounts, would be reported on the pro forma balance sheet as of March 31? What will be an ideal response?
The process of creating a set of specifications from which the product can be produced is called
A. technology. B. research and development. C. design planning. D. product design. E. a product line.
An informal group in an organization is formed by the line managers of that organization.
Answer the following statement true (T) or false (F)
What are the four categories of inventory costs?