Which of the Following Entities Is Present in a Zero-Level

question 27

Multiple Choice

Which of the following entities is present in a zero-level marketing channel?

• A) consumers
• B) retailers
• C) brokers
• D) jobbers
• E) wholesalers

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Definitions:

Journal Entry

A record in the accounting journal that represents a transaction and shows the debits and credits to various accounts.

Petty Cash Account

A small fund kept on hand for minor, incidental expenses.

Debit Memorandum

A document or entry recorded to reflect an adjustment or correction, usually increasing the amount a buyer owes to a seller.

Credit Memorandum

A document issued by a seller to a buyer, reducing the amount that the buyer owes under the terms of an earlier invoice.