The criterion used by most clients for determining when a sale takes place is when:
A) cash is exchanged.
B) the order is received.
C) the goods are shipped.
D) the costs are incurred.

Question

Quizplus · Accepted Answer

The criterion most clients use for determining when a sale takes place is when the goods are shipped. This is because shipping typically signifies that the seller has fulfilled their part of the sales agreement by delivering the goods to a carrier for transport to the buyer, transferring the risks and rewards of ownership.

The Criterion Used by Most Clients for Determining When a Sale