A Promotion Will Be More Effective If Introduced to a Person

question 97

True/False

A promotion will be more effective if introduced to a person during his or her flow time than if it is introduced during a person's leisure time.

---

Definitions:

Net Loss

The amount by which total expenses exceed total revenues for a business over a specific period.

Withdrawal

The act of removing funds from an account, or the act of taking out resources or assets from a business by an owner for personal use.

Capital

The wealth, either financial or physical, that is used by a business to produce goods or services.

Income Summary

An account in which the revenues and expenses are temporarily recorded to calculate the net income or loss for a period, before transferring to the capital account.