The Asset Created by a Business When It Makes a Sale

question 120

Multiple Choice

The asset created by a business when it makes a sale on account is termed

• A) accounts payable
• B) prepaid expense
• C) unearned revenue
• D) accounts receivable

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Definitions:

Satisfy Customers

The process of fulfilling or exceeding the expectations and needs of customers, often seen as crucial to business success.

Organizational Citizen

An employee who voluntarily contributes positively to the organizational culture and coherence beyond their required job tasks.

Job Description

A Job Description outlines the roles, responsibilities, and qualifications required for a specific position within an organization.

Social Networks

Platforms or structures that connect individuals or groups, enabling communication, interaction, and relationship building.