Under the perpetual inventory system, discounts taken on an invoice by the buyer would be ________
A) debited to Merchandise Inventory
B) credited to Merchandise Inventory
C) debited to Cost of Goods Sold
D) credited to Cost of Goods Sold
B
Business
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The Real Estate Commissioner has the right to issue regulations for the interpretation of Real Estate Law. These regulation:
a. must be approved by the California Association of Realtors b. have the same force and effect as Real Estate Law c. become part of the California Administrative Code d. both 'b' and 'c' correct
Business
In the context of customer relationship management, every interaction with a customer or a potential customer is a(n) ________
A) value proposition B) irrelevant cost C) service contact D) touch point E) sales contact
Business