Match Each Term with Its Definition

question 73

Multiple Choice

Match each term with its definition.
-Record of checking account activity sent to a customer,usually on a monthly basis

• A)ABA number
• B)agent
• C)ATM
• D)bank statement
• E)cashier's check
• F)certified check
• G)check register
• H)checking account
• I)currency
• J)deposit

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Definitions:

Product Category

A classification of products or services that share similar characteristics or are aimed at fulfilling similar needs and demands.

Diffusion of Innovation

This concept describes how, why, and at what rate new ideas and technology spread through cultures.

Spreads through Population

Describes how a product, trend, or information disseminates across different social groups or communities.

Product Class

A broader category that encompasses groups of goods or services that serve a similar function or are targeted to the same consumer segment.