All of the Following Are Output-Related Measures Used in Quantitative

question 306

Multiple Choice

All of the following are output-related measures used in quantitative assessments of sales performance except which?

• A)new accounts generated
• B)dollar or unit sales volume
• C)sales of specific products
• D)selling expense related to sales made
• E)current sales ratio

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Definitions:

Accounts Payable

A liability in the form of amounts owed by a company to its creditors or suppliers for goods or services received.

Perpetual Inventory System

An inventory system that records changes in inventory levels after every transaction, ensuring continuous, real-time updates.

Accounts Payable

A liability account that records amounts owed by a company to suppliers or creditors for purchases made on credit.

Merchandise Inventory

Represents the goods a company intends to sell to customers that are purchased and stored, evaluated as a current asset on the balance sheet.