If you decide to accept a job offer, immediately send a formal letter of acceptance, even if you already accepted the job offer in person or on the phone. _________________________

Answer the following statement true (T) or false (F)


True

Business

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U.S. companies that wish to achieve maximum growth potential must "go global," because 25 percent of world market potential is outside their home country

Indicate whether the statement is true or false

Business

A company that uses the percent of sales to account for its bad debts had credit sales of $740,000 in Year 1, including a $720 sale to Marshall Fresh. On December 31, Year 1, the company estimated its bad debts at 1.5% of its credit sales. On June 1, Year 2, the company wrote off, as uncollectible, the $720 account of Marshall Fresh. On December 21, Year 2, Marshall Fresh unexpectedly paid his account in full. Prepare the necessary journal entries: (a) On December 31, Year 1, to reflect the estimate of bad debts expense. (b) On June 1, Year 2, to write off the bad debt. (c) On December 21, Year 2, to record the unexpected collection.

What will be an ideal response?

Business

Pedro's company has launched a new product line, and he is put in charge of sales. He decides his first step will be to find potential customers in the company's sales records. Pedro is

A. prospecting. B. screening. C. researching. D. preapproaching. E. surveying.

Business

A typical automobile financing agreement would be a closed-end credit agreement

Indicate whether the statement is true or false

Business