Which of the Following Is an Example of an Inside

question 43

Multiple Choice

Which of the following is an example of an inside salesperson?

• A) A salesperson who calls on farmers' cooperative groups
• B) A distributor who visits a customer's home to sell cosmetics
• C) A retail clerk at a local hardware store
• D) A pharmaceutical salesperson who regularly calls on physicians
• E) A salesperson who trains a customer's employees on how to use the new copier he just sold them

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Definitions:

Revenue Accounts

Accounts that track the income earned by a company from its normal business operations or other activities.

Salaries and Wages Payable

Obligations due to employees for completed work that hasn't been compensated yet.

Payroll

The total amount of wages and salaries paid by a business to its employees for a set period of time.

Interest Payable

The amount of interest expense that has been incurred and is owed but has not yet been paid as of the balance sheet date.