Which of the Following,according to the Author,is the Best Technique

question 9

Multiple Choice

Which of the following,according to the author,is the best technique for gathering data in any organization?

• A)auditing
• B)interviews and questionnaires
• C)operational performance data
• D)trained observation
• E)none of these

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Definitions:

2/10, N/30

A payment term indicating that a buyer can take a 2% discount on the invoice amount if payment is made within 10 days; otherwise, the net amount is due in 30 days.

Sales Return

goods returned by the customers to the seller after the sale, reducing the gross sales figure.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Sales

The revenue a company earns from sales after subtracting returns, allowances for damaged or missing products, and discounts.