To Encourage More Purchases of Their Products with Their _______

question 104

Multiple Choice

To encourage more purchases of their products with their _______, Curlie Girl's curl-enhancing shampoos and conditioners are sold in two formats: as individual bottles or as shampoo/conditioner sets priced 10% lower than two individual bottles.

• A) product strategy
• B) pricing strategy
• C) distribution strategy
• D) promotion strategy

---

Definitions:

Correcting Entry

A journal entry made to amend an error in the accounting records.

Unearned Service Revenue

Liabilities arising when a business receives payment for services that have not yet been performed, recognized as revenue over time as services are provided.

Accounts Receivable

Customer debts to a company for the provision of services or delivery of goods not yet paid for.

Accounting Cycle

A series of steps taken in order to prepare financial statements, starting from transactions and ending with closing the books.