To Maximize Potential,segments and Target Markets Can and Should Be

question 108

True/False

To maximize potential,segments and target markets can and should be defined by more than just geography.

---

Definitions:

Note Payable

A written agreement that represents a promise to pay a specified amount of money on demand or at a designated future date.

Journal Entries

The recording of financial transactions in a company's accounting system.

Insurance Policy

A contract between an individual or entity and an insurance company, outlining the terms for premium payments and the conditions under which claims will be paid.

Adjusting Entry

An entry made at the end of an accounting period to allocate revenues and expenses to the correct period.