In a Value Delivery System, Which of the Following Are

question 7

Multiple Choice

In a value delivery system, which of the following are examples of value-creating elements?

• A)Advertising and public relations
• B)Unique value proposition and positioning
• C)Service quality and website
• D)Market focus and segments
• E)Economic activities and desired results

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Allowance for Doubtful Accounts

A contra-asset account that represents the amount of accounts receivable a company does not expect to collect.

Accounts Receivable

The money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.

Allowance Method

An accounting technique used to account for bad debts, estimating uncollectible accounts as an expense to the income statement and reducing accounts receivable on the balance sheet.