_____ Is a Catchall Phrase for Online Channels of Communication

question 120

Multiple Choice

_____ is a catchall phrase for online channels of communication that builds communities.

• A)Facebook
• B)Viral marketing
• C)Blogging
• D)Community
• E)Social media

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Definitions:

Cost of Goods Sold

Cost of Goods Sold (COGS) refers to the direct costs attributable to the production of the goods sold by a company.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

Inventories

Items held for sale in the ordinary course of business, as well as materials and components intended for use in the production process.

GAAP

A universally recognized set of rules and standards for financial reporting, applied within a specific legal territory, known as Generally Accepted Accounting Principles.