Conveniently Located Vending Machines Around Your College or University Campus

question 94

Multiple Choice

Conveniently located vending machines around your college or university campus make it easy for you to buy a soda and a snack between classes. This is an example of the ________ element of the marketing mix.

• A) production
• B) place
• C) price
• D) profit
• E) promotion

---

Definitions:

Revenue Report

A financial document that outlines the income generated by a company from its normal business operations.

General Journal Entry

A record in the general journal that includes the date, accounts and amounts to be debited and credited, and a brief description of the transaction.

Related Liabilities

Related liabilities are obligations that are directly associated with the primary operations or financial activities of a business.

Total Billed

The cumulative amount of charges or fees invoiced to a customer for goods or services provided.