Viral Marketing Is an Attempt to Create a Trend or Acceptance

question 111

True/False

Viral marketing is an attempt to create a trend or acceptance of a product through word-of-mouth communications.

---

Definitions:

Balance

The amount of money held in a financial account at any moment, reflecting all transactions.

Account

A record summarizing all the transactions pertaining to a single item in the accounting equation.

Lockbox Services

Bank-provided services that expedite the collection and processing of account receivable payments by having them sent directly to a secure post office box.

Collection Funds

Monies that are being gathered or have been gathered for a specific purpose, often related to financial transactions or payments.