Braeden Innovations Is a Company That Sells Database Systems and Software

question 13

Multiple Choice

Braeden Innovations is a company that sells database systems and software integration packages to schools and universities. Victoria Canning is an inside sales representative with Braeden Innovations. As an inside sales representative, she makes sales presentations via webinar and contacts clients and prospects by phone, e-mail, and instant messaging, all from her home office. She says the best thing about her job is having a fulfilling professional career but never having to commute to an office.
-Because Victoria and the account manager she partners with are not in the same space but need to have access to the same information,it is vital that they both use:

• A)the same type of computer,so they can share files seamlessly
• B)a web conferencing system that allows them to show each other files and documents
• C)mobile phones that allow them to send and receive text messages instead of landlines that do not allow for text messaging
• D)a computerized,Internet-based CRM system that allows them both to enter and access information about their clients
• E)the same e-mail client so they can read e-mails from each other

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Definitions:

Interest Payment Dates

Specific dates set in a loan agreement or bond indenture on which interest payments are made to lenders or bondholders.

Operating Lease

A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than the asset's life, and where the lessor retains the risks and benefits of ownership.

Capital Lease

A lease classified as a purchase by the lessee, where the asset is accounted for on the lessee’s balance sheet as an asset.

Effective-Interest Method

A method of calculating the amortized cost of a bond and the interest expense over the life of the bond by applying a constant interest rate to the carrying value of the bond.