Which Activities Belong in the Sales Department

question 255

Multiple Choice

Which activities belong in the sales department?

• A)records, measures, and reports monetary transactions
• B)tracks strategic financial issues, including money, banking, credit, investments, and assets
• C)supports the sales by planning, pricing, and promoting goods or services is marketing
• D)relies on information from operations to understand inventory, place orders, and forecast consumer demand

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Definitions:

Debt Covenants

These are conditions imposed by lenders (creditors) that borrowers (debtors) must agree to and adhere to as part of the terms of a loan agreement.

Computer System

A combination of hardware, software, and peripherals working together to execute specific tasks or processes.

Bond Indenture

A legal contract outlining the terms and conditions between bond issuers and bondholders, including information such as interest rates and maturity dates.

Debenture Bonds

Financial securities issued by a company that are backed only by the issuer's creditworthiness and general reputation, not by physical assets.