The Internet is one of the sources for availing data regarding the size of a market
Indicate whether the statement is true or false
TRUE
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Univariate techniques can be classified based on whether the data are metric or nonmetric
Indicate whether the statement is true or false
The merchandise purchases budget depends on information from the sales budget.
Answer the following statement true (T) or false (F)
All of the following hold true of the customer relationship model EXCEPT:
A. it requires consultative selling. B. the relationship is expected to be short-term. C. the relationship must be mutually beneficial for the buyer and the seller. D. the customer reaches his/her goal along with the seller. E. the sales process unites the buyer's strategic needs with the salesperson's creative solutions.
On June 3, Lakeland Company sold merchandise worth $1,600 on credit, terms 2/10, n/30. The merchandise sold had cost $1,100. The customer paid the amount on June 10. What is the required journal entry to record the payment received under the periodic inventory system?
A) Accounts Receivable 1,568 Sales Discounts 32Cash 1,600 B) Accounts Receivable 1,600 Sales Discounts 32Cash 1,568 C) Cash 1,568 Sales Discounts 32Accounts Receivable 1,600 D) Cash 1,600 Sales Discounts 32Accounts Receivable 1,632