In the Context of the Marketing Mix,which of the Following

question 95

Multiple Choice

In the context of the marketing mix,which of the following business activities is closely associated with promotion?

• A)Usage of social media to increase products sales​
• B)Decisions on increasing the prices of products
• C)Changing the appearance of the product packaging
• D)​Ways to improve product quality

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Definitions:

Payroll Tax Expense

The cost to employers that includes the total of the employer’s FICA OASDI, FICA Medicare, FUTA, and SUTA taxes.

Salaries Expense

An expense account recording the total amount paid to employees for services rendered during a specific period.

Freight-in

Costs associated with transporting inventory to the company, which are typically added to the cost of inventory.

Post-Closing Trial Balance

The final step in the accounting cycle that lists only permanent accounts in the ledger and their balances after adjusting and closing entries have been posted.