One of the Primary Objectives of Portfolio Analysis Is __________________________

question 109

Multiple Choice

One of the primary objectives of portfolio analysis is __________________________?

• A) to help salespeople better understand how to best allocate their resources.
• B) to help salespeople eliminate the 10 percent of customers producing the least amount of sales.
• C) to help salespeople develop a portfolio of customers.
• D) to help salespeople divide their customer base by product type.
• E) None of the above

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Definitions:

Closing Entries

Closing entries are journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts, preparing the books for the next period.

Worksheet Income Statement

is a financial statement that preliminarily combines income and expenses data in worksheet form to calculate net income or loss.

Normal Balance

The part of an account (either debit or credit) that is used to log increments in the account's value.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, including balance sheets, income statements, and statements of cash flows.