An Order-Taking Sales Rep Would Be MOST Appropriate for a Producer

question 255

Multiple Choice

An order-taking sales rep would be MOST appropriate for a producer of:

• A) cleaning materials for maintenance-calling on regular customers.
• B) designer clothing-calling on possible new retailers.
• C) laptop computers-selling to manufacturers who don't yet have any computers.
• D) airplanes-calling on possible corporate jet customers.
• E) a new brand of DVD system-calling on wholesalers.

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Definitions:

Current Liability

A liability that must be paid off within one year or the standard operating cycle of the company, whichever period is greater.

One Year

A period of twelve consecutive months used as a standard measure of time for accounting, budgeting, and financial reporting.

Operating Cycle

The duration of time it takes for a business to buy inventory, sell it to customers, and collect the cash from the sales.

Mandatory Payroll Deductions

Compulsory deductions from an employee's paycheck by the employer, covering taxes, social security, and other legally required withdrawals.