Information Gathered by Territory,salesperson,or Product About Sales by Volume,quota,and Other

question 6

Multiple Choice

Information gathered by territory,salesperson,or product about sales by volume,quota,and other measures is referred to as:

• A)a sales analysis
• B)a cost analysis
• C)a quota sheet
• D)a territory map
• E)a call record

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Definitions:

Liability Uncertainty

Liability uncertainty involves not knowing the exact amount or timing of future outflows due to existing obligations.

Sales Taxes Payable

Current liabilities on a company’s balance sheet, representing taxes collected from customers on behalf of governmental authorities which are yet to be remitted.

Credited

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.

Future Payments

Obligations that are due to be paid at a future date.