The Department Within a Company That Performs the Function of Selling

question 283

Multiple Choice

The department within a company that performs the function of selling goods or services is called ________.

• A)Marketing.
• B)Sales.
• C)Finance.
• D)Operations Management.

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Definitions:

Inventory

Items held for sale in the ordinary course of business, or materials and supplies used or consumed in the production process.

Accounts Payable

Money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

Income Tax Expense

The cost incurred by businesses or individuals due to taxes on their income.

Income Taxes Payable

The amount of income tax a company owes to the government but has not yet paid.