When You Create a ____ Report,the Records Must Have Been

question 24

Multiple Choice

When you create a ____ report,the records must have been sorted in order by a key field.

• A) summary
• B) control break
• C) detail
• D) totals

---

Definitions:

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Cash Discount

Cash Discount is a deduction from the stated price of goods or services, offered to purchasers as an incentive for payment in cash or within a specified period.

Credit Policy Effects

The impact of a company's credit policy on its finances and sales, influencing factors like cash flow and customer loyalty.

Cost Factor

A numerical figure that represents the cost of a specific element of production or service, used in calculating the total cost.