What Does It Mean If a Field, Menu Option or Tool

question 27

Multiple Choice

What does it mean if a field, menu option or tool on your input screen is dimmed -

• A) your computer monitor is shutting down
• B) your frequency settings are not functioning
• C) you will not be allowed to use that feature at this time
• D) your frequency settings are functioning

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Definitions:

Sales Discounts

A reduction in the price of goods or services offered to customers, usually as an incentive for early payment or bulk purchases.

Net Sales

The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Account Receivable

Accounts Receivable are amounts owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Write Off

An accounting action taken to recognize that an asset has lost its value and is removed from the balance sheet.