In IBM's BANT Acronym, N Stands for ________

question 52

Multiple Choice

In IBM's BANT acronym, N stands for ________.

• A) noticeable
• B) necessary
• C) need
• D) necessity
• E) notify

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Definitions:

Perpetual Inventory System

An accounting method that continuously updates inventory records for purchases and sales in real-time.

Merchandise On Hand

The inventory of goods that a retailer has available for sale at any given time.

Trade Discounts

Reductions from the list price of goods or services provided by a seller to a buyer in a commercial transaction.

Wholesaler

An entity that buys goods in large quantities from manufacturers or distributors and sells them to retailers or other businesses.