Pluto Inc ,An American Leather Goods Manufacturer,produces and Sells a Wide

question 65

Multiple Choice

Pluto Inc. ,an American leather goods manufacturer,produces and sells a wide range of leather bags,wallets,purses,and belts.It recently opened an outlet in Mexico.However,since Mexico's per capita income is approximately one-third that of the United States,Pluto's sales have dipped.Moreover,the extent of available financing in the country is limited.With regard to global marketing research,the dip in Pluto's sales can be attributed to which of the following organizational issues?

• A)Political conditions
• B)Culture
• C)Willingness to buy
• D)Ability to buy

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Definitions:

Subsidiary Ledger

A detailed ledger that contains the granular transaction details supporting a summary account in the general ledger.

Sales Journal

A specialized journal used to record all sales of merchandise on credit, organizing transactions systematically for accounting purposes.

Cash Receipts Journal

A financial journal that records all cash inflows to the business, including sales, loan proceeds, and investment income.

General Ledger

A complete record of all financial transactions over the life of a company, serving as the primary data source for the financial statements.