Which of the Following Involves Some Tasks of Creative Selling

question 57

Multiple Choice

Which of the following involves some tasks of creative selling, but does not include taking an order?

• A)Telemarketer
• B)Route salesperson
• C)Field order taker
• D)Inside sales rep
• E)Missionary salesperson

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Definitions:

Beginning Inventory

The worth of products ready to be sold at the beginning of a financial period.

Net Sales

The revenue generated from goods or services sold by a company after deducting returns, allowances, and discounts.

Markup

The difference between price and a seller’s cost of an item for sale. In dollars, it is the amount added to the cost of the goods in order to have a gross profit high enough to cover operating expenses and to make a net profit.

Lower Of Cost

An accounting principle where inventory is recorded at the lower of either its original cost or its current market value.