It is used to secure a small business loan
Answer:
The correct answer is A product sales-force structure is characterized by specialization along product lines.
Explanation:
Specialization refers to the dedication that a person or group of people makes within the activity to offer a good or sell a service. The execution of the tasks is carried out in a synchronized and collaborative way, or which ensures the willingness and performance of each area in achieving a general sales goal. Each employee is aware of their role within the sales chain, and puts all their efforts so that all the objectives proposed by management can be achieved.
Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
Answer:
<u>Corporations </u> comprise about 20% of all businesses but account for about 81% of u.s. business receipts.
Explanation:
A corporation is kind of a business that is set up by a legal organization headed by a person or several partners together. Examples including Microsoft, Apple Inc. etc
While corporations make up just 20% of registered businesses, they are usually quite larger and have national foot print. They can employ thousands of people, have a number of subsidiary companies and work with hundreds of smaller businesses.
Hence, while they are smaller in number, their impact on the economy is very large.