Explain Why It Is Important to Not Only Be Aware

question 17

Essay

Explain why it is important to not only be aware of the proportion of people who were in favor or opposed to something, but the proportion of undecideds as well.

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Definitions:

Materials Inventory

The raw materials, work-in-process, and finished goods that a company holds at any given time for production.

Credit Sales

Sales made by a business where the payment is deferred to a later date, enabling customers to purchase goods or services on credit.

Cash Receipts

The collection of money, including coins, notes, electronic payments, etc., by a business from its customers or other transactions.

Invoice Cost

The initial price listed on an invoice for purchased goods or services, not including any additional fees or discounts.