Answer:
A. Customer relationship management
Explanation:
Customer relationship management -
It refers to the method to enable a smooth interaction of the potential customers with the company , is referred to as customer relationship management .
The method is used to maintain a good relations and connection with the customer , which is in turn beneficial of the company .
Where the company uses all the previous data and information of the customers , to have a better idea of the taste of the customer .
The uses of customer relationship management require the data like email , chat , telephone , marketing materials etc.
Hence , from the given information of the question ,
The correct option is A. Customer relationship management .
Answer:
Correct answer is C, payment of accounts payable
Explanation:
Quick ration is computed by adding CASH & CASH EQUIVALENTS, SHORT TERM INVESTMENT AND CURRENT RECEIVABLES then divided by CURRENT LIABILITIES.
Payment of accounts payable involves 2 current accounts that is a deduction on cash and a deduction on accounts payable. A deduction on CASH and ACCOUNTS PAYABLE won't affect the quick ratio. See some illustration below.
Quick ratio is 1:1 (Cash + Accounts receivable + short term investments) / (Accounts payable + accrued expenses)
Cash $50
Accounts receivable $60
Short term investment $40
Total quick assets $150
Accounts payable $120
Accrued expenses $30
Total current liabilities $150
A payment of $20 to accounts payable will decrease cash by $20 and accounts payable by $20. Makes the quick assets decreased to $130 and current liabilities to $130. Quick assets will is be 1:1 ($130 / $130)
<span>Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.</span>