A Retail Travel Agent Is a _____ Agent

question 71

Multiple Choice

A retail travel agent is a _____ agent.

• A) Facilitating
• B) Leading
• C) Selling
• D) Purchasing
• E) Mediating

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Definitions:

Cash Received

The actual inflow of cash into a business from various sources such as sales, financing, or investment activities.

Interest

The cost of borrowing money or the return on invested funds, usually expressed as an annual percentage rate.

Cash Flow

The comprehensive measure of funds circulating in and out of a business entity, chiefly in relation to its cash solvency.

Operating Cash Flows

Cash generated from the primary activities of a business, such as revenue from sales, minus operating expenses.