Which of the Following Data Elements Are Not Included in a Sales

question 31

Multiple Choice

Which of the following data elements are not included in a sales invoice?

• A) Invoice number, invoice date, customer code, customer name
• B) Sales representative name, sales representative commission, sales representative discount
• C) Product number, quantity sold, product description, unit sales price
• D) Extended amount, total due, customer address

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Definitions:

Bond Discounts

The difference between the face value of a bond and its selling price when the bond is sold for less than its face value.

Interest Income

The income earned by an entity from its investments in interest-bearing financial instruments, such as bonds or savings accounts.

Interest Receipt

The amount of interest income received by an investor or lender from investments, loans, or savings.

Long-Term Investments

Investments held by a company not intended for sale in the short term and expected to deliver value over an extended period.