Using Electronic Means to Collect a Variety of In-Depth Information

question 50

Short Answer

Using electronic means to collect a variety of in-depth information about an individual, such as name, address, income, and buying habits is called ____________________.

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Definitions:

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future.

Insurance Expense

The cost associated with purchasing insurance to protect against various risks, recorded as an expense.

Unearned Revenue

Money received by a company for goods or services yet to be provided. It is considered a liability until the service is delivered or the product is provided.