Frequency Programs Target All of the Following Goals,except

question 150

Multiple Choice

Frequency programs target all of the following goals,except:

• A) develop customer loyalty
• B) attract new customers
• C) match or preempt the competition
• D) gain higher income individuals

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Definitions:

Ledger Balance

The total amount recorded in a company's ledger, representing the total assets, liabilities, and shareholders' equity at a specific time.

Available Balance

The amount of money in an account that is accessible for use.

Float

The time difference between when a check is written and deposited and when it is cleared and funds are available, or, in finance, the amount of shares available for trading by the public in the stock market.

Collection Float

The time period between when a check is written and deposited and when the funds are actually available in the payee's account.