The Process of Finalizing a Sale Is Part of the _____

question 52

Multiple Choice

The process of finalizing a sale is part of the _____ stage of the sales process.

• A)approach
• B)presentation
• C)closing
• D)demonstration

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Definitions:

Accounts Receivable

Amounts yet to be paid by customers for goods or services supplied by a business.

Credit Sales

Sales made by a business for which payment is received at a later date, as opposed to immediate cash sales.

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including repayment timelines, interest rates, and penalties for late payments.

Net 30

A trade credit term indicating that payment in full is expected within 30 days after the invoice date or goods are received.