Features of the Human Relations and Scientific Management Approaches Were

question 40

Multiple Choice

Features of the human relations and scientific management approaches were combined in the ________________approach.

• A) directing management
• B) planning management
• C) procurement management
• D) systems management

Understand the process and strategies for successfully completing the FAFSA.

Analyze the relationship between part-time work and academic performance.

Recognize the necessity and prudence of borrowing for college education.

Acknowledge the importance of updating personal information with the registrar’s office.

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Definitions:

Net Sales

The final sales figure a company reports, after deducting returns, discounts, and compensations for damaged or missing products from its total sales.

Gross Sales

The total sales revenue of a company without deducting any sales returns, allowances, or discounts.

Sales Returns and Allowances

Transactions where customers return goods or receive discounts due to issues, reducing total sales revenue.

Contra-Revenue Accounts

Accounts that are used to record reductions in gross revenue, such as sales returns and allowances, and discounts.