Bad debt expense is normally reported on the income statement as a(n)
A) operating expense.
B) element of cost of goods sold.
C) financial expense in the other items section.
D) contra-revenue amount.
A
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The normal balance of the Dividends account is a credit
a. True b. False Indicate whether the statement is true or false
Sales territories are a disadvantage for some firms in all of the following cases EXCEPT when:
A. salespeople are more motivated if they are not restricted by territorial boundaries. B. the company is too small to be concerned about segmenting the market into sales areas. C. management lacks the knowledge, time, and interest to develop and establish sales territories. D. personal friendships are the basis for attracting customers. E. sales performance is difficult to monitor and evaluate.
Avoid the use of graphics in a report because graphics usually confuse readers
Indicate whether the statement is true or false
Colin wants to adopt a model for his new candle line. He decides to use personal selling to market the new line. Although he realizes that personal selling is the most expensive form of promotion, he also realizes that it is the most ?
A. wide-reaching. B. convincing. C. precise. D. desirable. E. uncomplicated.