Which of the Following Departments Is Primarily Responsible for Promoting

question 38

Multiple Choice

Which of the following departments is primarily responsible for promoting discounts, attracting customers, processing sales, and communicating marketing campaigns?

• A) Accounting and Finance
• B) Marketing and Sales
• C) Operations Management
• D) Human Resources

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Definitions:

Notes Receivable

Financial claims against debtors documented through promissory notes that promise to pay the amount due with interest.

Bad Debt Expense

An expense account reflecting the cost of accounts receivable that a company does not expect to collect.

Promissory Note

A written, legally binding promise to pay a specified sum of money on a certain date or upon demand.

Face Amount

The nominal or dollar value printed on a financial instrument, such as a bond or life insurance policy, representing the amount due at maturity.