Examlex
Which of the following is essential for direct marketing to be effective?
Perpetual Inventory Records
The continuous tracking of inventory levels and updates in real-time, showing the quantity of inventory on hand at all times.
Credit for Returns
A financial adjustment made by a seller to the account of a buyer to reflect returned goods.
Discount Period
The discount period is the time frame during which a buyer can take advantage of a purchase discount offered by the supplier for early payment.
Total Amount Collected
The sum of money received from various sources, including sales, investments, financing, and other business activities.
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