Which of the Following Is a TRUE Statement About Sales

question 144

Multiple Choice

Which of the following is a TRUE statement about sales?

• A)Net revenue is gross revenue plus sales discounts less sales returns and allowances.
• B)Sales discounts are offered to customers in order to speed up cash flow.
• C)Sales returns and allowances increase a company's profit.
• D)Retailers do not generally record sales returns and allowances in a separate account.

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Definitions:

Attention Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by problems such as inattentiveness, impulsivity, and hyperactivity.

Corporal Punishment

Physical punishment intended as a disciplinary measure, such as spanking or paddling.

Self-Control Strategies

Techniques and methods used by individuals to regulate their emotions, thoughts, and behaviors in challenging situations.

Behavioral Management

strategies and practices employed to influence an individual's actions and behaviors in a positive and constructive manner.