How does a house account differ from other types of accounts?
A) A house account is always unprofitable.
B) A house account is usually too small for a salesperson's attention.
C) No commission is paid on sales to a house account.
D) A house account is served by the firm's telemarketing center.
E) Commissions are split among all the salespeople who service a house account's various locations.

Question

Quizplus · Accepted Answer

A house account is a type of account that belongs to the company or organization itself, rather than to an individual or external entity. Because the account is already within the company, no commission needs to be paid on sales to the house account.

How Does a House Account Differ from Other Types of Accounts