A Simple Way of Testing Which Period a Sale Should

question 7

Multiple Choice

A simple way of testing which period a sale should be recorded in is to:

• A) trace the sale through to the accounting records.
• B) observe the account receivable clerk record the sale.
• C) vouch the sale to the delivery documentation for the sale of goods.
• D) none of the above.

---

Definitions:

Promotion

A marketing strategy used to increase awareness, interest, and sales of a product or service.

Guerrilla Marketing

Innovative, low-cost marketing effort designed to get consumers’ attention in unusual ways.

Innovative

Characterized by the introduction of new ideas, products, or methods; displaying creativity and inventiveness.

Customer Attention

The focus and consideration a business gives to understanding and addressing consumer needs, preferences, and feedback.