Reference:
the Following Data (In Thousands of Dollars) Have

question 29

Multiple Choice

Reference:
The following data (in thousands of dollars) have been taken from the accounting records of Karlist Corporation for the just completed year. $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 800 \\\hline \text { Raw materials inventory, beginning } & \$ 60 \\\hline \text { Raw materials inventory, ending } & \$ 70 \\\hline \text { Purchases of raw materials } & \$ 180 \\\hline \text { Direct labour } & \$ 100 \\\hline \text { Manufacturing overhead } & \$ 190 \\\hline \text { Administrative expenses } & \$ 110 \\\hline \text { Selling expenses } & \$ 150 \\\hline \text { Work in process inventory, beginning } & \$ 70 \\\hline \text { Work in process inventory, ending } & \$ 80 \\\hline \text { Finished goods inventory, beginning } & \$ 120 \\\hline \text { Finished goods inventory, ending } & \$ 160 \\\hline\end{array}$$
-The net income for the year (in thousands of dollars) was:

• A)$190.
• B)$390.
• C)$130.
• D)$70.

Know the correct approach to completing application forms.

Identify strategies for following up on job applications and interviews.

Know the standard practices for resigning from a position, including the timing and method of delivery.

Understand the functions of common keyboard shortcuts in PowerPoint.

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Definitions:

Customer Preferences

Individual tastes or choices of consumers that influence their purchasing behavior.

Strategic Customer Relationships

Building and maintaining long-term interactions with customers to understand their needs better and create mutual value over time.

Potential Buyer

An individual or organization that has shown interest in a product or service and has the potential to make a purchase.

Consultative Selling

Consultative selling is a sales approach that focuses on building relationships with customers, understanding their needs, and providing solutions that meet those needs.