The Only Element of the 4Ps That Directly Provides Revenue

question 28

Multiple Choice

The only element of the 4Ps that directly provides revenue to the seller is:

• A) product.
• B) price.
• C) placement.
• D) promotion.

---

Definitions:

General-Purpose Reports

General-purpose reports are financial statements designed to meet the broad information needs of external users, such as shareholders and creditors, rather than tailored for specific managerial requirements.

Managerial Accounting

This branch of accounting focuses on providing information to managers within an organization to aid in decision-making and financial management.

Entity

In accounting and finance, an entity refers to any organization, company, or individual that has a distinct existence for legal or tax purposes.

Highly Aggregated

A term describing data that has been compiled into large groups or categories, often to provide a broad overview.