Communication to Managers Is of Vital Importance Because It ________

question 82

Multiple Choice

Communication to managers is of vital importance because it ________.

• A)demonstrates the manager's depth of knowledge
• B)immediately results in an increase of revenue
• C)indicates technological advancement
• D)greatly helps in negotiating future plans

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Definitions:

Accounts Receivable

Money owed to a business by its customers for goods or services delivered or used but not yet paid for.

Cash Sales

Transactions where payment is made in cash at the time of purchase.

Sales Discounts

Reductions in the price of goods or services provided to customers, usually as an incentive to encourage prompt payment.

Total Sales

The aggregate revenue generated from the sale of goods or services by a company within a specific period.