A Dues Shop

question 9

Multiple Choice

A dues shop

• A) is the same as a closed shop.
• B) requires a person to become a card- carrying union member prior to employment.
• C) is one that is based solely on seniority...you must pay your dues before you get the good work.
• D) is a made- up term created solely for the purposes of fooling you on this question.
• E) none of the above

Comprehend the steps in the accounting cycle and their execution, including the timing and nature of adjusting and closing entries.

Recognize the differences between temporary and permanent accounts and their treatment in closing entries.

Calculate the net income or loss from income statements and understand its impact on ledger accounts after closing entries.

Perform correction of common bookkeeping errors using correcting entries.

---

Definitions:

Toll-free Numbers

Telephone numbers that allow callers to reach businesses or individuals without being charged for the call, often used for customer service or sales.

Lead

A prospective customer who has shown interest in a product or service, potentially leading to a sale.

Qualified Prospect

A potential customer who has been evaluated and deemed likely to purchase a product or service due to their interest, ability to buy, and authority to make the purchase decision.

Cold Call

The practice of contacting potential customers or clients who have not previously expressed interest in the offered products or services, typically via telephone.