Which Type of Client Is Defined as Having Responsibility for the Problem

question 9

Multiple Choice

Which type of client is defined as having responsibility for the problem the consultant is working to address and is generally the one paying for the consultant's services?

• A) intermediate client
• B) primary client
• C) unwitting client
• D) indirect client

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Definitions:

Accounts Receivable

Receivables from clients or customers for goods sold or services performed by a business, awaiting payment.

Contra-Revenue

Accounts on the income statement that are deducted from gross revenue to arrive at net revenue, including sales returns, allowances, and discounts.

Discount Period

The timeframe during which a payment can be made at a reduced price or with a deduction from the full invoice amount.

Sales Discounts

A reduction in the sale price offered by a seller to a buyer for prompt payment or within a specific time period.