If a Salesperson Notices a Billing Error in an Order

question 67

Multiple Choice

If a salesperson notices a billing error in an order, he or she should:

• A) wait until the customer notices it.
• B) correct billing problems without being prompted by the customer.
• C) let the finance team take a call on it.
• D) leave it to the senior management to decide whether or not to rectify it.
• E) inquire about the severity of the error and act accordingly.

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Definitions:

Useful Life

The estimated time period that an asset is expected to be usable for its intended purpose, affecting depreciation calculations.

Growing Production Demands

Growing Production Demands refer to the increase in quantity or speed of production required to meet market or customer demand.

Estimated Useful Life

The expected period over which an asset is estimated to be usable, impacting its depreciation calculation.

Depreciated

The process of allocating the cost of a tangible asset over its useful life, reflecting its decrease in value over time.