The answer is selective distribution strategy. This type of
distribution strategy focuses more on the products that are distributed are to
be given to only specific areas and are only selected by the company or the
distributor in which is in lined with the statement given above.
Communication skills are increasingly important because
success in business is often anchored on effective communication. Emails and
web content are the most common activities of business communications in order
to close deals and promote products and services. The better and clearer the communication,
the more successful the transmission of ideas and response of clients and
partners become.
Answer: The correct answer is "A. reconciles the physical units started in a period with the physical units completed in that period.".
Explanation: The physical flow reconciliation: reconciles the physical units started in a period with the physical units completed in that period.
Through this process it is possible to control, how many units are started in a period and how many are finished in that period.
Answer:
May 2 No entry is required as the transaction is yet to happen
May 7 DR Accounts Receivable $1,200
CR Tour Revenue $1,200
May 9 DR No entry required
May 15 DR Sales Allowance (1,200 * 30%) $360
CR Accounts Receivable $360
May 20 DR Cash $789.60
DR Sales Discount $50.40
CR Accounts Receivable $840
Working
Accounts Receivable = 1,200 - 360 sales allowance = $840
Sales Discount = 840 * 6% discount = $50.40
Cash = 840 - 50.40 = $789.60
b. Net Revenues
= Revenue - Sales allowance - Sales discount
= 1,200 - 360 - 50.40
= $789,60
c. Partial Income Statement
Tour Revenues $1,200
Less:
Sales Allowance $360
Sales Discount <u> $50.60 </u>
<u> ($410.60)</u>
Net Tour Revenue $789.40
