The process of financial intermediation is also known as direct finance

Indicate whether the statement is true or false


FALSE

Business

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The balance sheet contains the major sections (a-k) listed below. A listing of account titles (1-12) follows.

a.Current assetsg.Long-term liabilitiesb.Long-term investmentsh.Other liabilitiesc.Property, plant, and equipmenti.Contributed capitald.Intangible assetsj.Retained earningse.Other assetsk.Accumulated other comprehensivef.Current liabilities income? ____1. Work in process inventory   ____2. Trademarks   ____3. Sales   ____4. Cash surrender value of life insurance policy   ____5. Additional paid-in capital on common stock   ____6. Deferred tax assets   ____7. Accumulated depreciation   ____8. Unrealized decrease in value in available for sale securities   ____9. Allowance for uncollectible accounts receivable   ____10. Interest payable   ____11. Sinking fund for preferred stock retirement   ____12. Bonds Payable (due in 10 years)   ____13.Leased machinery under a capital lease   ____ 14.  Cost of goods sold? Required:Using the letters (a-k), indicate in which section of the balance sheet each of the accounts (1-14) would be classified. Put parentheses around the letter used if it represents a contra account. If the account does not appear on the balance sheet, place an "X" in the space provided. What will be an ideal response?

Business

In ______, people rely on factual information, such as someone’s past experience and track record as a basis for trust.

What will be an ideal response?

Business

What is deceptive pricing?

What will be an ideal response?

Business

Jakeel is a new sales representative with Sensations, Inc He attends a regional sales meeting, followed by a reception. He converses with three new sales people and an hour later forgets their names. This is an example of the following bad listening habit:

a. Faking attention: he pretends to listen but misses the message. b. Empathetic listening: he is unable to be objective because her emotions are in the way. c. Stereotyping; the speakers did not meet his standards, so he prejudged them. d. Failing to observe nonverbal aids: he does not take note of the body language of the sales reps.

Business