Labour Given by the Groom to the Parents of the Bride

question 61

Multiple Choice

Labour given by the groom to the parents of the bride.

• A)brideprice
• B)brideservice
• C)groomprice
• D)dowry
• E)groomservice

Understand the advantages and disadvantages of publicity as a promotional tool.

Comprehend the types of sales promotions and their strategic use in marketing.

Understand the role of personal selling and relationship building in marketing.

Know the objectives and strategies of public relations campaigns.

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Definitions:

Liability Account

An account on a company's balance sheet that represents debts or obligations that the business needs to pay off in the future.

Related Revenue

The income generated from activities that are directly related to the main business operations.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded, to be recognized in the accounting period they are incurred.

Asset Account

An asset account is a category within a company's general ledger that shows the value of all owned assets that have economic value and can provide future benefits.