Research suggests that salespeople
A. Prefer motivational pep talks
B. Respond positively to PowerPoint presentations
C. Retain only 25% of what they have been taught
D. Retain only 50% of what they have been taught
E. Tend to be less critical of training than other organizational personnel
Ans: D. Retain only 50% of what they have been taught
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On the Statement of Net Position ______.
Fill in the blank(s) with the appropriate word(s).
A company that uses the perpetual inventory system purchased inventory for $900,000 on account with terms of 4/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice?
A) Cash 900,000 Accounts Payable 900,000 B) Accounts Payable 900,000 Merchandise Inventory 900,000 C) Accounts Payable 900,000 Cash 900,000 D) Accounts Payable 900,000 Merchandise Inventory 36,000 Cash 864,000