Age Compression Is the Practice of

question 51

Multiple Choice

Age compression is the practice of

• A) marketing to an older audience.
• B) airing commercials about products during children's shows about those products.
• C) underage consumers responding to alcoholic ads.
• D) targeting younger children when advertising products meant for older teenagers.

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Definitions:

Aging Schedule

A table that shows the breakdown of accounts receivable into categories based on the length of time they have been outstanding.

Credit Policy

A credit policy is the set of guidelines that a company follows to determine the creditworthiness of customers and the terms of credit to offer.

Cash Balances

The amount of cash or cash equivalents that a company or an individual holds.

Compensating Balances

Minimum balances that a business must maintain in its bank account as part of a borrowing arrangement with the bank.