Right Before Graduation,Roni Receives Two Job Offers

question 33

Multiple Choice

Right before graduation,Roni receives two job offers. One is for a sales position and offers a base salary of $30,000 plus commissions. The other is for a marketing assistant position and offers a straight salary of $40,000. Which of the following is likely to be true about the two positions?

• A)The sales job could end up paying more than the marketing job if Roni does well and makes more than $10,000 in commissions.
• B)The sales and marketing positions will have roughly equivalent duties,but different salaries.
• C)Roni will need more training to do the marketing job than to do the sales job.
• D)The marketing job pays more in salary because it is more demanding than the sales job is.
• E)The sales job relies more on personality and the marketing job relies more on skills.

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Definitions:

Legal Obligations

Commitments or duties bound by law that require an individual or company to act or refrain from acting in a certain manner.

Other Comprehensive Income

Earnings derived from non-operational activities that are not included in net income, recorded in equity.

Revaluation

Revaluation is an adjustment to the carrying value of a currency, asset, or liability to reflect its current market value.

Revaluation

The process of adjusting the carrying value of an asset or liability to reflect its current market value.