With Regards to Recognition and Honor Awards It Is Correct

question 71

Multiple Choice

With regards to recognition and honor awards it is correct to say that:

• A)These awards should be highly publicized.
• B)Most salespeople do not enjoy public recognition.
• C)If too few people receive them,they lose their value.
• D)These programs are most effective when they recognize at least 75 percent of the salespeople.
• E)None of these.

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Definitions:

Tax Allowances

Deductions or adjustments to taxable income permitted by tax authorities, allowing individuals or businesses to reduce their taxable income.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event, which are recorded in the financial statements if the occurrence is likely and the amount can be reasonably estimated.