An Infomercial Is

question 140

Multiple Choice

An infomercial is

• A) a public service announcement used to notify local citizens of impending danger due to weather or other natural disasters.
• B) a form of advertisement whose sole purpose is to entertain.
• C) a program-length (30-minute) advertisement that takes an educational approach to communication with potential customers.
• D) a direct response TV and radio ad that airs during the late night or weekend mornings.
• E) educationally formatted programming that consumers order privately by using the "on demand" services of their cable providers.

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Definitions:

Remodeling Costs

Expenses associated with making improvements or alterations to a building or structure to enhance its value or functionality.

Closing Costs

Expenses, over and above the property cost, that buyers and sellers normally incur to complete a real estate transaction.

Historical Cost Principle

An accounting principle that assets should be recorded and reported at their original purchase cost.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.