One of the Best Ways to Gain Credibility for Your

question 11

True/False

One of the best ways to gain credibility for your message is to support it with objective evidence.

---

Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Merchandise Inventories

Goods that are held by a business for the purpose of resale to customers in the ordinary course of business.

Sales Budget

An estimate of expected sales revenue for a period, forming the basis for planning production, inventory, and cash flow.

Cash Receipts

The total amount of money received by a company during a given period, including all sources of income and revenue.