Which of the Following Best Explains the Growth of Telephone

question 41

Multiple Choice

Which of the following best explains the growth of telephone and online selling?

• A) the use of the Do Not Call Registry
• B) the ability to make up to 8 times as many more customer contacts per day than an outside salesperson
• C) the similarity in cost between the inside and outside sales forces
• D) the difficulty and expense of reaching some customers
• E) the preference of customers for face-to-face contact

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary to permanent accounts.

Statement of Income

A financial report summarizing the revenues, expenses, and profits/losses of a company over a specified period, also known as an income statement.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used to prepare financial statements.