You Have Completed the Sales Call and Are No Longer

question 100

Multiple Choice

You have completed the sales call and are no longer with the client.What should be your immediate next step?

• A) Meet with your sales lead club
• B) Identify the competition
• C) Evaluate the sales call
• D) Contact new referrals
• E) Plan a follow-up call

---

Definitions:

LIFO Perpetual

A perpetual inventory system method that assumes the last items added to inventory are the first ones sold, under the Last-In, First-Out principle.

Inventory Value

The total cost of all the items held by a company for resale or production purposes, calculated at a specific point in time.

Cost of $200

A set expense value amounting to two hundred dollars.

Periodic LIFO

An inventory valuation method that uses the Last In, First Out principle during a set period, assuming the most recently acquired items are sold first.