A Credit Memorandum from the Bank May Be Used As

question 38

Multiple Choice

A credit memorandum from the bank may be used as:

• A)A voucher.
• B)A cancelled cheque.
• C)A bank statement.
• D)An EFT.
• E)An explanation for a payment by cheque.

---

Definitions:

Products

Items or services offered for sale, including physical goods, digital items, and services.

POP

Point of Purchase, referring to the location and timing where a retail transaction is completed.

Sales Promotions

Marketing activities that aim to boost sales and attract customers by offering limited-time incentives.

Trade Advertising

Advertising undertaken by the manufacturer and directed toward the wholesaler or retailer.