Case 11.1 ​

question 11

Multiple Choice

Case 11.1
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Wayne is making a sales call on a new client company.The previous sales professional servicing this account,Tom,left to join another company.Wayne had liked Tom the moment he met him but thought of him as a bit of a slob because of the way he always chewed gum.
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Wayne is calling on Cassandra,the operations manager for this company.She is a middle-level manager.As Wayne walks into Cassandra's office,he notes her expensively tailored suit,her professional demeanor,the simple cologne,and the lack of jewelry.Cassandra's appearance and office décor are reminiscent of the VP's office in Wayne's own company.
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During the sales call Wayne is somewhat nervous.He stutters occasionally during the presentation,stumbles over the answers to a couple of Cassandra's questions,and tends to end his statements with a question.At the end of the call,Cassandra thanks him for his visit and the information,and walks out to the main entrance with him,making casual conversation.They shake hands,and Wayne goes on to his next sales call.As she walks back to her office,she thinks,"Should I do business with a company represented by someone with so little self-confidence?"
-Refer to Case 11.1.What did Wayne lack during his presentation to Cassandra?​

• A) ​Wardrobe engineering
• B) ​Professional presence
• C) ​Etiquette
• D) ​Image

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Definitions:

Disclosure of Balances

Involves the requirement in financial reporting to provide detailed information about the balances of different accounts on the balance sheet or within the financial statements.

Useful Life Estimates

Projections or assessments of the duration during which an asset is expected to be economically viable and productive for its intended purpose.

Revaluation Surplus

The increase in an asset's carrying amount as a result of a revaluation, recognized in equity.

Financial Period

A specified duration of time used for financial reporting and accounting purposes, typically one year or one quarter.