Which One of the Following General Statements About Sales Is

question 31

Multiple Choice

Which one of the following general statements about sales is correct -

• A) GST charged must be entered as credit amount
• B) PST charged must be entered as a debit amount
• C) GST charged must be entered as a debit amount
• D) PST charged operates in a similar fashion to GST charged

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Definitions:

Exclusive Distribution

A level of distribution density whereby only one retailer in a specific geographic area carries the firm’s products.

Distribution Intensity

The level of availability of a product in a particular market; can range from intensive (available everywhere) to selective or exclusive (available in few locations).

Channel Conflict

Occurs when there is a clash or discord among channel members such as manufacturers, distributors, and retailers, often due to overlapping responsibilities or competition.

Exclusive Distribution

A distribution strategy where a supplier grants a single retailer or wholesaler exclusive rights to sell their product in a specific geographic area.