The most effective sales presentations involve the customer asking questions and the salesperson presenting a formal presentation
Indicate whether the statement is true or false
FALSE
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Danielle works at a leading restaurant. She is scared of making mistakes at her workplace, so she is very keen on paying attention to details. She also prioritizes quality in her work. In the context of Inscape's DiSC assessment, she would most likely score high in
A. influence. B. dominance. C. conscientiousness. D. steadiness. E. humility.
Among the countries noted in the textbook that value such masculine traits as ambition, achievement, and the acquisition of money is which of the following?
A. Japan B. Ecuador C. Iceland D. India
In which of the following independent situations would the transaction most likely be characterized as a disguised sale?
A. Partner George contributes appreciated property to the GM Partnership, and three years later GM distributes $100,000 proportionately to the partners. B. Brianna contributes property with a basis of $20,000 and a fair market value of $50,000 to the BGB Partnership in exchange for a 20% interest therein. The partnership agrees to distribute $20,000 to Brianna in 15 months if partnership cash flows from operations exceed $100,000 at that time. The partnership does not expect to produce operating cash flows of over $100,000 for at least five years. C. Luis contributes appreciated property to the BLP Partnership. Thirty months later, he receives a distribution from the partnership of $15,000 cash. None of the other partners received a distribution. There was no agreement that BLP would make the distribution, and Luis would have made the contribution whether or not the partnership made the distribution. D. None of these transactions will be treated as a disguised sale. E. Choices a., b., and c. are all treated as disguised sales.
When the effective-interest method is used, the amortization of the bond premium
A) increases interest expense each period B) decreases interest expense each period C) increases interest expense in some periods and decreases interest expense in other periods D) has no effect on the interest expense in any period