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

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The sales income (Credit and Cash) of a business during a given period is called
  • ATransactions
  • BSales Returns
  • CTurnover
  • DPurchase Returns
Correct answer: C

Discussion 1

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CCommunity
Turnover

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.