One basic weakness of the simplified pro forma approaches lies in the assumption that the firm's past financial condition is an accurate indicator of its future

A business pays $800 cash for office supplies. Which of the following accounts is credited?

A) Cash B) Accounts Payable C) Office Supplies D) Office Supplies Expense

A sales manager at Guilden Corporation, a manufacturer of consumer durable goods, has instructed his new salesperson, Rita, to sell five flat screen televisions per week. In addition to this, she is also expected to identify ten potential customers

These instructions given to Rita are referred to as _____. a. referrals b. sales leads c. quotas d. touch points