What specific internal control procedure would prevent an increase in sales returns since salesmen were placed on commission?
customer credit should be verified by the credit department; reduce commissions for sales returns
Business
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Compare and contrast the following terms: a. Trade discount and sales discount. b. FOB shipping point and FOB destination
Business
Costs other than direct materials cost and direct labor cost incurred in the manufacturing process are classified as:
A) factory overhead cost B) miscellaneous expense C) product costs D) other manufacturing costs
Business
Explain marketplace equity, reseller equity, brand equity, and channel equity
What will be an ideal response?
Business
The usual starting point when developing a sales forecast is:
a. the production budget. b. the cash budget. c. competitor's budget information. d. last year's level of sales.
Business