Pro forma income includes unusual and nonrecurring items.

a. true
b. false

Ans: b. false

Business

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Stan conveniently forgot to enclose his check when he sent his payment for the supplies he ordered. When the supplier called a few days later, Stan profusely apologized and mailed the check that day. Stan used which method of decreasing cash outflows?

a. Barter b. Timing purchases c. Using non-cash incentives d. Gaming the payment process

Business

The partnering concept, as an enhancement of personal selling, became very popular in the 1970s

Indicate whether the statement is true or false

Business