________________ Demand Is a Key to Providing Good-Quality Service

question 38

Multiple Choice

________________ demand is a key to providing good-quality service.

• A)Predicted
• B)Forecasted
• C)Anticipated
• D)Unknown

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Definitions:

Outstanding Checks

Checks that have been written and recorded in a company's books, but not yet cleared or deducted from the bank account balance.

Deposits In Transit

Funds that have been received and recorded by a business but not yet credited by its bank, affecting the reconciliation of bank statements.

Cash Receipts

Money received by a business during a given period, from activities such as sales, services, loans, or equity infusions.

Cash Sales

Transactions in which customers pay for goods or services at the time of purchase with cash.