Unlike Their Counterparts in Academia, PR Practitioners Define Public Relations

question 34

Multiple Choice

Unlike their counterparts in academia, PR practitioners define public relations according to ______.

• A) strategy and relationships
• B) marketing and advertising
• C) crisis and recovery
• D) journalists and media

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Definitions:

Expanded Accounting Equation

Assets = Liabilities + Capital – Withdrawals + Revenue – Expenses.

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of the owners.

Ledger

A comprehensive collection of a company's accounts, where transactions are recorded in detail.

Account

A report or record that maintains the details of each financial transaction a company engages in.