Ray Fernández Is a Sales Representative Employed by Computer Resources,a

question 58

Multiple Choice

Ray Fernández is a sales representative employed by Computer Resources,a computer supplier that develops customer solutions that combine computer hardware,software,installation and training.When he brings together many parts of the company's product mix in order to develop a customized customer solution,this is referred to as:

• A)developing a product configuration
• B)establishing a priority
• C)qualifying product benefits
• D)quantifying product features
• E)research and development

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Definitions:

Debit

A bookkeeping entry that increases the balance of asset and expense accounts, and decreases equity, liability, and revenue accounts.

Partnership Liquidation

The process of closing down a partnership by selling off assets, paying liabilities, and distributing the remaining assets to the partners.

Incorrect Step

A step in a process or procedure that has been performed wrongly, often leading to errors or undesired outcomes.

Capital Account

An account recording the capital contributions of owners and investors, along with retained earnings and long-term debt.