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Which of the Following Criteria Will Aid in Getting You

question 6

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Which of the following criteria will aid in getting you a good reference after your externship?


Definitions:

Cash Receipts

The total amount of cash collected by a business during a period from its various sources.

Credit Sales

Transactions in which goods or services are provided to a customer with an agreement to pay at a later date.

Budgeted Sales

The sales numbers a company projects to achieve in a future period, usually part of financial planning and budgeting.

Gross Margin

The difference between the sales revenue and the cost of goods sold, which shows the profitability of a company’s core activities.

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