Examlex
Which of the following is an example of a strategic action?
Net Sales
The final sales figure a company reports, after deducting returns, discounts, and compensations for damaged or missing products from its total sales.
Gross Sales
The total sales revenue of a company without deducting any sales returns, allowances, or discounts.
Sales Returns and Allowances
Transactions where customers return goods or receive discounts due to issues, reducing total sales revenue.
Contra-Revenue Accounts
Accounts that are used to record reductions in gross revenue, such as sales returns and allowances, and discounts.
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