During the disengagement stage of a salesperson's career, the salesperson will:
A. Maintain a high performance level
B. Balance the conflicting demands of career and family
C. Have the lowest instrumental perceptions and valence for both higher-order and lower- order rewards
D. Need supportive supervision
E. Adjust to working with greater autonomy
Ans: C. Have the lowest instrumental perceptions and valence for both higher-order and lower- order rewards
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Which of the following would be included in the entry by the payee to record a dishonored note receivable?
A) a debit to Accounts Receivable B) a debit to Interest Revenue C) a debit to Notes Receivable D) a credit to Interest Expense
Dolphin Co. received $1,500 in fees during 2014, 1/3 of which will be earned in 2015, the rest was earned when the amount was received. The company should report which of the following amounts as income in 2014?
A. $1,500. B. $500. C. $1,000. D. $0.