Salespeople Must Be

question 121

Multiple Choice

Salespeople must be

• A) capable of working in an increasingly complex business environment.
• B) strong collaborators, both within their organizations and with their customers.
• C) accountable for their actions and results from an ethical and fiscal responsibility point of view.
• D) all of the above.
• E) only answers "a" and "b".

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Definitions:

Terms 2/10, N/30

Payment terms indicating a 2% discount if paid within 10 days, otherwise the net amount (total invoice) is due within 30 days.

Debit Memorandum

A document issued by a buyer to a seller indicating a debit made to the seller's account, often due to returned goods or errors in the invoice.

Subsidiary Ledger

A subsidiary ledger is a detailed ledger containing individual accounts with a common characteristic, which is summarized and presented in a single account in the general ledger.