________ is a business arrangement that occurs when the owner of intellectual property contracts to permit another party to use the intellectual property

An accounting record into which the essential facts and figures in connection with all transactions are initially recorded is called the

a. ledger. b. account. c. trial balance. d. none of these.

Generally, the employment of staff specialists is justified only when:

A. The organization has a large turnover B. Such staff can be used to improve employee morale and working conditions C. Line managers are unable to collect any useful data D. The sales organization is large enough to provide staff specialists with enough work to keep them busy