Answer:
The correct answer is option C.
Explanation:
Services can be defined as those intangible and nonphysical products that are used to derive a certain level of satisfaction or utility.
Services are different from goods in several ways. Firstly, unlike goods they are intangible. Secondly, they cannot be stored in inventories. Thirdly, they have to be consumed immediately as produced.
The examples of services are insurance, haircut, medical care, etc.
Answer:
C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Explanation:
Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Debit Cash $43,650
(97*$45,000)
Debit Factoring Fee Expense of $1,350
($3%*45,000)
Credit Account Receivable $45,000
Answer:
<em>Surveys and questionnaires allow you to collect data efficiently and economically from groups of people.</em>
Explanation:
<em>Surveys are research often used to assess opinions, thoughts, and feelings of people towards a subject area or environment. it can either be limited or specific or they also can have more widespread goal which can be global.</em>
<em>Questionnaires is a set of questions written or printed with answer choices , devised for the purposes of a statistical study or survey.</em>
Answer:
Which one of the following is most apt to align management's priorities with shareholders' interests?-Holding corporate and shareholder meetings at high-end resort-type locations preferred by managers-Compensating managers with shares of stock that must be held for a minimum of three years-Paying a special management bonus on every fifth year of employment-Increasing the number of paid holidays that long-term employees are entitled to receive peppe
Answer:B - sales promotions Explanation: Sales promotion is a process of convincing a prospective client to buying a product.
Its an element in the marketing promotional mix.
It is a tool used to stimulate a prospective customer curiosity about a product. Though it is short term in nature and it is mainly used to boost sales for a period of time.
Sales promotion is used as a target marking in getting customers that are not loyal to a particular brand of product and it includes price reduction, buy one get one free promo amongst others
