Plug-in 1 Quiz
source document
What describes the basic transaction data such as its date, purpose, and amount and includes cash receipts, canceled checks, invoices, customer refunds, employee time sheet, and so on? balance sheet source document transaction financial statement
the process associated with promoting the sale of goods or services
What is the function of the marketing department? deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities includes the policies, plans, and procedures for the effective management of employees the function of selling a good or service and focuses on increasing customer sales, which increases company revenues the process associated with promoting the sale of goods or services
the function of selling a good or service and focuses on increasing customer sales, which increases company revenues
What is the function of the sales department? deals with the strategic financial issues associated with increasing the value of the business while observing applicable laws and social responsibilities includes the policies, plans, and procedures for the effective management of employees the function of selling a good or service and focuses on increasing customer sales, which increases company revenues the process associated with promoting the sale of goods or services
both partners are protected from being responsible for all of the partnership's losses
What is the fundamental difference found in a limited partnership? only one partner is responsible for all of the partnership's losses both partners are responsible for all of the partnership's losses both partners are protected from being responsible for all of the partnership's losses none of these
loss
What occurs when businesses sell products or services for less than they cost to produce? expense profit loss revenue
finance accounting sales
Which of the following is a department in an organization? (Check all that apply) Check All That Apply finance accounting sole proprietorship partnership management information systems sales
accounting human resources
Which of the following is a department in an organization? (Check all that apply) Check All That Apply insiders accounting human resources transactions management information systems even points