An Online Store Is Better Able to Capture Data on Its

question 78

True/False

An online store is better able to capture data on its customers and their preferences than is a brick-and-mortar store.

---

Definitions:

Income Linkage

The connection or relationship between different sources of income or its impact on economic status.

Double-entry Bookkeeping

An accounting system that records each transaction in two accounts, debits in one and credits in another, to maintain the balance of the accounting equation.

Assets and Liabilities

A financial accounting term referring to a company's resources (assets) and obligations (liabilities).

Bookkeeping Accounts

The records of the financial transactions and positions of a business, systematically organized for reporting and analysis.