You Are Working to Understand a Customer Business Environment

question 122

Multiple Choice

You are working to understand a customer business environment. Which two options are preferred data gathering techniques? (Choose two.)

• A) surveys
• B) interviews
• C) asking competitors
• D) stock analysis reports
• E) social media

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Definitions:

Journal Entry

A record in accounting that represents a transaction and its effect on accounts.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.

Convertible Notes

A form of short-term debt that converts into equity, typically in conjunction with a future financing round, under specific terms.

Interest Expense

The cost incurred by an entity for borrowing funds, typically reported on the income statement.