Which of the Following Would Be the Best Application of Principles

question 8

Multiple Choice

Which of the following would be the best application of principles regarding gift giving to customers?

• A)Give gifts before doing business with a customer.
• B)Determine the gift-receiving policy of the customer's company.
• C)Once begun,maintain a regular and consistent pattern of gift giving.
• D)Clearly explain the conditions you expect of the customer who accepts a gift.
• E)Give a gift proportional to the sale you expect to make from the customer.

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Definitions:

Revenues

Income that a company receives from its normal business activities, typically from the sale of goods and services to customers.

Financing

The means by which companies or governments raise funds for their activities, by issuing debt, equity, or other financial instruments.

Net Income

A company's profit margin following the removal of all operational costs and taxes from its revenue.

Total Stockholders' Equity

The total amount of funds contributed by shareholders and retained earnings within a company.