A Format for Displaying Manager Preferences for Departmental Locations Is

question 54

Multiple Choice

A format for displaying manager preferences for departmental locations is known as a

• A)relationship diagram.
• B)process diagram.
• C)block diagram.
• D)hybrid diagram.

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Definitions:

Sales Tax Payable

A liability account in a company's financial statements, representing sales tax collected from customers but not yet remitted to the government.

Sale

The exchange of a product or service for money, constituting the main operational activity for most businesses.

Liability Account

An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.

Terms

Conditions under which a sale is made, including payment timeframe, discounts, and penalties for late payment.