What Are Net Sales

question 6

Multiple Choice

What are net sales?

• A)What is remaining after operating and interest expenses.
• B)The combination of total customer returns and customer allowances.
• C)The revenues received from selling merchandise.
• D)The difference between gross profit and gross sales.
• E)The difference between cost of goods sold and gross sales.

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Definitions:

Behaviourally Anchored Rating Scales

A performance evaluation method that rates employees based on their behaviors related to specific job tasks using scales anchored with behavioral examples.

Frequency Rating

A measurement of how often something occurs within a specified period.

Graphic Rating Scale

A method for assessing performance that involves marking an individual's level of achievement along a linear scale.

360-degree Feedback

A performance appraisal method where employees receive confidential, anonymous feedback from the people who work around them, including peers, managers, and direct reports.