The primary purpose of using special journals is to save time journalizing and posting transactions

Indicate whether the statement is true or false


true

Business

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The entry required to recognize the bad debts expense for 2016 will act to:

a. Increase total assets and retained earnings b. Decrease total assets and retained earnings c. Decrease total assets and increase net income d. Increase total assets and decrease net income

Business

One benefit to some service desks is to have a lab area which may be used for training, simulation of customers' problems, and the development and testing of potential solutions.

Answer the following statement true (T) or false (F)

Business

Duncan Stewart was hired to replace Orlando Burton as a sales representative for a local television station. On his first day at work, Stewart was given a list of Burton's previous customers. Because Burton is no longer selling to these customers, they had become:

A. orphaned. B. referred. C. uncommitted. D. repositioned. E. cold prospects.

Business

If the customer is aware of the problem and the salesperson sells a product that can solve the problem, the salesperson should:

A) recommend another source B) ask more probing questions C) end the sales call and ask for a future meeting D) recommend the solution immediately E) define the problem and recommend multiple options

Business