A Product Demonstration

question 27

Multiple Choice

A product demonstration:

• A)automatically leads to a sale.
• B)allows prospects to prove to themselves the product works the way the salesperson claims.
• C)often wastes time the salesperson should be talking about the product.
• D)often distracts a prospect from the reason for the sales call.
• E)does none of the above

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Definitions:

Bank Reconciliation

The process of comparing and matching figures from the accounting records against those shown on a bank statement.

Deposit In Transit

Funds that have been received and recorded by a company but not yet reflected in its bank statement, usually due to timing differences.

Bank Reconciliation

The method of aligning the figures in a company's financial records for a cash account with the related data on a bank statement.

NSF Check

A check that cannot be processed because the account it is drawn on does not have enough funds.