Which of the following appears on the budgeted balance sheet?
A) estimated sales
B) estimated cost of goods sold
C) estimated ending accounts receivable
D) estimated fixed selling expense
E) estimated fixed factory overhead
C
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In real-time processing systems, routine credit authorizations are automated
Indicate whether the statement is true or false
Which of the following businesses can use the cash method? I.Hateris Group is a partnership with three equal partners, of which one is Hillard Corporation. Average revenues for Hateris Group, a financial planning firm, over the last three years are $4,000,000.II.Glidder Corporation, a clothing retailer, whose average annual sales over the last three years are $35,000,000?
A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. Neither statement is correct.
Which of the following is part of the microenvironment of a company's marketing environment?
A) a just-in-time inventory system used by the company when making purchase decisions B) a set of laws that require the company to scale down its telemarketing calls to customers C) a changing demographic picture that requires the firm to make product adaptations D) a new technology that would ensure significant cost-cutting if implemented in the firm E) a set of environmental sustainability laws that significantly impact the company's production processes
The most important activity in recruiting salespeople is determining what the salesperson will be doing and
A. their previous level of experience. B. how long they are likely to stay. C. whether to pay them on a commission basis, or a salary plus commission. D. when they are available to start work. E. what personal traits and abilities a salesperson should have to do the job well.