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George Is a New Car Salesperson and He Notices a Client

question 4

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George is a new car salesperson and he notices a client is walking across from his competitor's showroom into his showroom.George decides to deal with her and goes through the entire sales presentation.The customer says that she needs time to think it over as she has George's competition's car in mind.George then defames his competition by telling the client that "they make cheap cars." This is an example of:


Definitions:

Indirect Method

A financial accounting technique used in cash flow statements to adjust net income for the effects of non-cash transactions.

Current GAAP

Generally Accepted Accounting Principles as they are presently defined and practiced in the United States for financial reporting.

Direct Method

A way of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.

Operating Activities

Operating activities involve the primary day-to-day functions of a business related to producing and selling its goods or services.

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