Use the Following Information to Calculate Cash Paid for Salaries

question 31

Multiple Choice

Use the following information to calculate cash paid for salaries: $$\begin{array} { | l | r | } \hline \text { Salaries expense } & \$ 175,000 \\\hline \text { Salaries payable, January 1 } & 20,000 \\\hline \text { Salaries payable, December } 31 & 12,000 \\\hline\end{array}$$

• A) $175,000.
• B) $183,000.
• C) $167,000.
• D) $143,000.
• E) $155,000.

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Definitions:

FAB Selling Technique

A method focusing on the Features, Advantages, and Benefits of a product or service, highlighting its value to the customer.

Sales Presentation

A structured dialogue or demonstration aimed at persuading a potential buyer to purchase a product or service.

Trial Close

A technique used in sales to ask preliminary questions or make statements to gauge the customer's readiness to make the purchase.

Sales Presentation

A speech or demonstration given to persuade a potential buyer of the value and benefits of a product or service.