The Main Objective of Financial Control Is to Establish Priorities

question 264

True/False

The main objective of financial control is to establish priorities for the purchase of plant and equipment.

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Definitions:

Demonstration

The act of showing how a product works or what benefits it offers to convince a potential customer to make a purchase.

Purchasing Decision

The process or action of deciding to buy a product or service, often influenced by factors like needs, desires, price, and marketing.

Salesperson

An individual who promotes and sells products or services on behalf of a company, aiming to meet customer needs and achieve sales targets.

Prospect

A potential customer or client who has been identified as fitting the target market's criteria and is likely to be receptive to the product or service offered.