Match the Term with Its Definition

question 103

Multiple Choice

Match the term with its definition.
-A distribution system without intermediaries

• A)brand
• B)brand image
• C)brandmark
• D)brand name
• E)design patent
• F)direct channel
• G)indirect channel
• H)service mark
• I)trade dress
• J)trademark
• K)utility patent
• L)warranty

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Definitions:

Petty Cash

A small amount of cash kept on hand for minor, immediate expenses.

Small Payments

Transactions involving a minimal amount of money, typically associated with minor or routine purchases.

Managerial Accounting Information

Data and reports that are specifically prepared for internal use by management to assist in decision-making and strategy formulation.

Salary Adjustments

The process of modifying an employee's pay rate, often in response to changes in market conditions, performance, or inflation.