_____ CRM Is One of the Approaches Used for Implementing

question 57

Multiple Choice

_____ CRM is one of the approaches used for implementing customer relationship management (CRM) applications that is often used by organizations with an established IT infrastructure,and is implemented much like any other IT system.

• A) Collaborative
• B) Reverse
• C) Web-based
• D) On-premise

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Definitions:

Purchases Journal

A specialized accounting journal used to record all purchasing transactions, particularly on account.

Record Purchase

The accounting process of recording the buying of goods or services in the financial records of a company.

Accounts Receivable Subsidiary Ledger

The subsidiary ledger containing the individual accounts with customers.

Cash Receipt Posting

Cash receipt posting involves recording the receipt of money into the financial records of a business, often marking the payment of an invoice or sale.