The CRM Strategy Was Designed to Work Only with Business-

question 142

True/False

The CRM strategy was designed to work only with business- to- business companies with a very large database of customers.

---

Definitions:

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded at the end of a reporting period.

Unearned Revenue

Money received by an individual or company for a service or product that has yet to be provided or delivered.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Rent Revenue

Income earned from leasing out property or space.