When Diego Called the Toll-Free Number to Order Two Children's

question 71

Multiple Choice

When Diego called the toll-free number to order two children's books from the Chinaberry catalog, the firm was using

• A) social networking.
• B) interactive marketing.
• C) multichannel selling.
• D) inbound telemarketing.
• E) outbound telemarketing.

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Definitions:

Revenue Journal

An accounting ledger that records all transactions involving the income earned by the business, specifically from its operations and activities.

Provided on Account

A transaction that occurs when goods or services are delivered with the understanding that payment will be made at a later date.

Creditor Balances

The amounts owed by a business to its creditors, representing liabilities for goods, services, or loans provided to the business.

Cash Payments Journal

An accounting ledger that tracks all cash outflows or payments made by a business.