Computers, Automobiles, and Toothpaste Are All Examples of ________

question 119

Multiple Choice

Computers, automobiles, and toothpaste are all examples of ________.

• A)services
• B)ideas
• C)brands
• D)products
• E)markets

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Definitions:

Cash Account Balance

The amount of money available in a company’s or individual's cash account at a given time.

Cash Receipts

Money received by a business during a given period, including cash sales, received payments on accounts receivable, and other cash inflows.

Cash Payments

Payments made in the form of currency or check to settle a transaction or account.

Ledger

A comprehensive collection of a company's financial accounts where journal entries are summarized and recorded.