Acceptance Signals Indicate That the Buyer Is Favorably Inclined Toward

question 21

True/False

Acceptance signals indicate that the buyer is favorably inclined toward the salesperson and the sales presentation.

---

Definitions:

Salaries Payable

An account that records the amount owed to employees for work performed but not yet paid.

Payroll

The total amount paid to employees for services they provided during a certain period of time.

Accrued Revenues

Revenues earned in one accounting period but not received until a later period.

Adjusting Entry

A journal entry made in accounting records to update the balances of accounts at the end of an accounting period.