Which of the following transactions is a significant noncash investing and financing activity?

a. Land is purchased for cash.
b. Bonds are issued for cash.
c. Cash equivalents are purchased.
d. Equipment is acquired by issuing a long-term note.


d

Business

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Becoming familiar with a customer's satisfactions is necessary for a salesperson to move from:

A) transactional selling to product selling B) solution selling to value-added selling C) new buy selling to constructive selling D) product selling to complimentary selling E) product selling to solution selling

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According to the functional approach, which of the following is NOT one of the core functions for team leaders?

a. Encouraging stability in the team by controlling change b. Setting direction for the team c. Managing the team’s operations d. Developing the team’s leadership abilities

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A debtor filing for bankruptcy

a. must receive credit counseling. b. must take a financial means test. c. must take a credit management course. d. all of these.

Business