Which of the Following Is an Example of a Productivity

question 21

Multiple Choice

Which of the following is an example of a productivity ratio that a sales manager might use to evaluate a sales representative?

• A) Order cancellation ratio
• B) Lost account ratio
• C) Planned call ratio
• D) Average order size ratio
• E) All of the above

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Definitions:

Periodic Inventory Method

An accounting method where inventory is physically counted at the end of each period to determine the cost of goods sold and ending inventory.

Petty Cash Fund

Fund (source) that allows payment of small amounts without the writing of checks.

Approved Voucher

A document or record that authorizes a payment and confirms that goods or services have been received and are satisfactory, ready for payment processing.

Unpaid Balance

The remaining amount of a debt or loan that has not yet been paid off by the borrower.