Multiple Choice Questions on The sales income Credit and Cash of a business during a given period is called ........ for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The sales income Credit and Cash of a business during a given period is called ........

Accountancy (Phase -I & II) Accounting standards
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    The sales income (Credit and Cash) of a business during a given period is called

    Transactions

    Incorrect Answer

    Sales Returns

    Incorrect Answer

    Turnover

    Correct Answer

    Purchase Returns

    Incorrect Answer
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    Explanation:

    The sales income (Credit and Cash) of a business during a given period is called Turnover. In the investment industry, turnover is defined as the percentage of a portfolio that is sold in a particular month or year.

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