Which of the Following Are Essential Data Elements in a Customer

question 93

Multiple Choice

Which of the following are essential data elements in a customer master file?

• A) Customer code, name, address, customer type, credit limit, credit terms, account balance beginning of year, year-to-date sales, year-to-date payments, amount owing
• B) Vendor code, name, address, credit limit, credit terms, account balance, year-to date purchases, amount owed
• C) Employee code, name, address, spouse/dependents, job skills, pay rate, birth date, deductions code, insurance
• D) Security code, name, number of shares/units, purchase date, cost, interest/dividends received

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Definitions:

Human Skills

Abilities that enable a person to interact effectively and harmoniously with others, often considered essential for managers and leaders.

Business Plan

A detailed document that outlines the goals, strategies, market analysis, and financial forecasts for a business.

Emotional Intelligence

The aptitude for grasping, overseeing, and expressing personal emotions, in addition to maneuvering through interpersonal dynamics with care and understanding.

Critical Thinking

The intellectual discipline of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to make reasoned judgments.