Rita Is a Shutterbug and Enjoys Her Part-Time Job at Ritz

question 132

Multiple Choice

Rita is a shutterbug and enjoys her part-time job at Ritz Camera. With each camera she sells, Rita is required to offer the customers film, batteries, a camera bag, and even a tripod to compliment the purchase. When Rita engages in this technique, she is:

• A) counter offering
• B) one-to-one selling
• C) add-on selling
• D) accessorizing
• E) cross-selling

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Definitions:

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives.

Sources and Uses

A financial statement that outlines how funds are raised (sources) and spent (uses) within a business or project.

Statement of Cash Flows

A financial statement that shows the changes in a company's cash balances by categorizing cash flows into operating, investing, and financing activities.

Cash

Money in the form of currency, including coins and paper bills, used as a medium for financial transactions.