An agent must obey all instructions of the principal

Indicate whether the statement is true or false


False

Business

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Kate is coaching members of her field sales team to help them understand how they spend their time and how they might increase their productivity. A tool that would help her provide feedback for this is ________

A) time-and-duty analysis B) a sales quota C) a feed-forward approach D) an expense allowance E) a norm for prospect calls

Business

A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts:    Accounts receivable$357,000?debitAllowance for uncollectible accounts 520?debitNet Sales 802,000?creditAll sales are made on credit. Based on past experience, the company estimates 0.4% of net credit sales to be uncollectible. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

A. Debit Bad Debts Expense $3208; credit Allowance for Doubtful Accounts $3208. B. Debit Bad Debts Expense $1948; credit Allowance for Doubtful Accounts $1948. C. Debit Bad Debts Expense $1428; credit Allowance for Doubtful Accounts $1428. D. Debit Bad Debts Expense $3728; credit Allowance for Doubtful Accounts $3728. E. Debit Bad Debts Expense $2688; credit Allowance for Doubtful Accounts $2688.

Business

An intermediary can increase the supply chain surplus by aggregating inventories across large numbers of customers. This is called

A) capacity aggregation. B) inventory aggregation. C) warehouse aggregation. D) relationship aggregation. c

Business

Prior to August 1989, the agency that regulated the nation's savings and loan associations was the

A) Federal Home Loan Bank Board. B) Office of Thrift Supervision. C) Resolution Trust Corporation. D) Comptroller of the Currency.

Business