Examlex
Indicate whether each of the following is true or false.Perez Company borrowed money from its bank in July 2016.The accrual of interest on the loan at the end of 2016:
_____ a)reduces cash flows.
_____ b)involves recognition of interest expense.
_____ c)does not affect income for 2016.
_____ d)involves recognition of a liability.
_____ e)records a cash payment for interest.
Three Fs of Selling
A sales philosophy that emphasizes the importance of Feelings, Features, and Facts in the process of persuading potential customers.
FAB
Features, Advantages, and Benefits; a sales and marketing strategy that outlines a product's features, explains its advantages over competing products, and details the benefits to the customer.
Forecasts
Predictions or estimates of future events or trends, such as sales, weather, or economic conditions, based on analysis of past and present data.
Relationship with Customer
Relationship with customer involves building and maintaining positive and productive interactions between a business and its customers, crucial for retaining and attracting clientele.
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