Product Advertisements Focus on Selling a Good or Service and Take

question 160

Multiple Choice

Product advertisements focus on selling a good or service and take three major forms. They are:

• A)introductory, competitive, and reminder.
• B)institutional, competitive, and reminder.
• C)pioneering, competitive, and reminder.
• D)introductory, comparative, and reminder.

---

Definitions:

Cash Basis

A method of accounting that records transactions when cash is received or paid out rather than when they are incurred.

Extends Credit

A financial arrangement where a lender offers a borrower the possibility to purchase goods or services now and pay for them later.

High Debt

Refers to a significant level of liabilities or borrowed funds in relation to assets or equity, which can indicate financial risk.

Increasing Expenses

A situation where the costs of operating a business or undertaking a project are rising.