Which of the Following Is Not a True Statement About

question 48

Multiple Choice

Which of the following is not a true statement about using social media to build business relationships?

• A) Social media allows companies to build meaningful relationships with customers.
• B) Capitalizing on these technologies means listening to customers.
• C) Effective companies may use technology to explain a business practice or clarify a service they provide.
• D) Social media allow companies to build meaningful relationships with employees online.
• E) Effective companies may use technology to identify difficult customers to shame into better behavior.

---

Definitions:

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use, representing the cumulative wear and tear or obsolescence of the asset.

Contra

Contra refers to an account that is used to reduce another account on the financial statements to its net value.

Plant Asset

Long-term tangible assets used in the operation of a business and not intended for resale, such as machinery, buildings, and vehicles.

Loss

The negative result when expenses exceed revenues during a specific period.