With respect to companies training their salespeople, they usually devote the most time in the area of:
a. product knowledge.
b. marketing orientation.
c. company orientation.
d. selling techniques.
e. time management.
Ans: a. product knowledge.
Business
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Which of the following is considered an "Other comprehensive income" item?
A. Gain on disposal of discontinued operations B. Unrealized loss on available-for-sale securities C. Extraordinary loss related to flood D. Income before taxes
Business
The trust agreement creating Trust X provides for all income of the trust to be distributed to the beneficiaries and requires a reserve equal to tax depreciation to be charged to income. If the trust has gross income of $30,000, expenses charged to income of $28,000, and depreciation of $3,000, how much depreciation can Trust X deduct?
A. $0 B. $300 C. $2,000 D. $3,000
Business