Discounts
Tax
Transactions
Sales Process Steps
Terms & etc
100

discounts offered by employers to their workers.

What are employee discounts? 

100

a percentage fee placed by the government on the sale of goods and services

What is Sales Tax? 

100

a transaction that occurs when a customer pays for merchandise at the time of delivery

What is Cash on Delivery (COD)? 

100

The first two steps of the sales process. 

What are Pre-Approach and Approach. 

100

An itemized list of goods that includes prices, terms of sales, total, taxes and fees, and an amount due.

What is an Invoice? 

200

A discount offered to buyers to encourage them to pay their bills quickly.



What are Cash Discounts?

200

Are tax rates the same in every city and county? 

What is no? 

200

On-Approval Sale

What is an agreement permitting a customer to take merchandise (usually clothing) home for further consideration?

200

In this step a sales person showcases the features and benefits of their product. 

What is Demonstration? 

200

The price for goods includes delivery at the seller's expense to a specified point and no further.

What is Free-on-Board (FOB)? 

300

discounts to encourage buyers to purchase goods long before the actual consumer buying season.

What are Seasonal Discounts? 

300

6.75

What is the combined tax rate for Dare County?

300

a written record of a sales transaction that includes such information as the date of the transaction, items purchased, purchase prices, sales tax, and the total amount due.

What is a Sales Check? 

300
A company doesn't make any money if a sales person cannot do this important step. 

What is close the sale? 

300

The final delivery arrangement between the buyer and seller.

What are Terms For Delivery? 

400

Discounts offered to buyers for placing large orders.

What are Quantity Discounts?

400

The NC tax rate.

What is 4.75?

400

a combination bar code and number used to identify a product and manufacturer

What is a UPC - Universal Product Code?

400
A salesperson must be really well versed in their product in order to do this step properly. 

What is answering questions? 

400

discounts given to businesses that agree to advertise, or in some other way, promote a manufacturer's products.

What are Promotional Discounts?

500

Discounts based on manufacturers' list prices.

What are Trade Discounts? 

500

The Dare County Tax Rate 

What is 2.0?

500

The process of combining a cash register with a computer, making it possible to capture information about the transaction at the time of sale, then applying it to different functions.

What is Point-of-Sale System?

500

Name three different ways to follow up with a customer after the sale. 

What is a phone call, an email, or a live appointment?

500

a partial return of the sale price for merchandise that the customer has kept. These are usually given when there is a defect in the merchandise, such as a missing button.



What is an allowance? 

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