Mickey Asked the Sales Team for Important Data the Afternoon

question 19

Multiple Choice

Mickey asked the sales team for important data the afternoon before an emergency meeting with his boss. He also asked the team lead to generate the gross total and final report for the meeting. The team discussed important aspects of the sales and brainstormed until late evening. What act did the sales manager perform?

• A) Giving directives
• B) Making requests
• C) Giving feedback
• D) Making demands

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Definitions:

Monetary Unit Assumption

An accounting principle that assumes all transactions and financial statements are recorded in a single currency.

Cost Principle

An accounting principle that states all goods and services purchased by a business should be recorded at their cost price, rather than their current market value.

Economic Data

Economic data refers to quantitative information concerning the economy, which includes statistics on inflation, employment, GDP, and market transactions.

Yen

The official currency of Japan, represented by the symbol ¥.