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Anya is a graphic designer in a firm specializing in making logos for their clients. Last week, she got client specifications on how to make a new logo. She was able to create a prototype, and having got it initially reviewed by her immediate supervisor, she made changes until the client was satisfied with her final product. Based on this description, it's safe to say that Anya's job is high in ________ and ________.
Sales on Account
Transactions where goods or services are sold and payment is deferred, leading to the creation of accounts receivable on the balance sheet.
Merchandise
Goods that are purchased, stored, and sold by a business in its regular operations, often referred to as inventory.
Cash Collections
The process of receiving payment from customers for goods or services provided, impacting the company's cash flow positively.
Manufacturing Costs
Expenses directly incurred in the production of goods, including raw materials, labor, and overhead costs.
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