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Juan Alcobar Has Been Working as a Junior Sales Representative

question 43

Multiple Choice

Juan Alcobar has been working as a junior sales representative for a large equipment manufacturer for six weeks when Sarah Gittins,a senior sales representative,is assigned his help in preparing and presenting to a huge new prospect she has just started working with.
-As Sarah and Juan begin to put together the actual presentation,which of the following do they focus on first?


Definitions:

Cash Flow

The gross amount of capital circulated in and out of an enterprise, directly affecting its ability to meet immediate expenses.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Closing The Books

The process of finalizing all accounts and preparing financial statements at the end of an accounting period.

Transactions

Acts of buying, selling, or exchanging goods, services, or financial assets in the market.

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