Long-term investments are held for all of the listed reasons below except
a. to earn the interest or dividend income
b. for their long-term gain potential
c. to have influence over another business entity
d. to meet current cash needs
d
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Which of the following direct marketing methods has the highest response rate?
A) direct mail B) telemarketing C) catalogue marketing D) direct e-mail
Describe the three types of discrimination.
What will be an ideal response?
The amount of sales time a salesperson should spend with an account should be determined by:
A. the strength of relationship with the client. B. the time required to travel to the customer's place. C. the similarity of the customer's needs with those of other accounts. D. the number of years the account has been a customer. E. the value of the business from the account.
Which of the following accounts are normally reported as current liabilities on a classified balance sheet?
A) Accounts payable and Prepaid insurance B) Interest payable and Interest receivable C) Income taxes payable and Salaries payable D) Capital stock and Accounts payable