Match the Term with Its Definition

question 82

Multiple Choice

Match the term with its definition.
-A strategy to sell by informing, persuading, and reminding customers of the availability or superiority of a firm's products or services

• A)advertising
• B)app
• C)blog
• D)e-mail promotion
• E)hyperlink
• F)institutional advertising
• G)personal selling
• H)product advertising
• I)promotion
• J)promotional mix
• K)prospecting
• L)publicity
• M)quick response (QR) code
• N)sales promotion
• O)social media

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Definitions:

Debits

In accounting, an entry recorded on the left side of a double-entry bookkeeping system that increases an asset or expense account, or decreases equity, liability, or revenue accounts.

Debit

A debit is a bookkeeping entry that leads to an increase in a company's assets or expenses or a reduction in its liabilities or equity on the balance sheet.

Asset Accounts

Accounts that appear on a balance sheet and represent tangible and intangible items owned by a business that have value.

Liability Accounts

These accounts record obligations or amounts owed by a business to creditors, which can include loans, accounts payable, mortgages, and other debts.