An Action Item List Is

question 152

Multiple Choice

An action item list is

• A)an aid to implement a marketing plan that consists of four columns.
• B)a tool that shows the relationships through time of the various program tasks.
• C)a graphical representation of a program schedule.
• D)a systematic method to itemize the "value" of products and services.
• E)an aid to implementing a business plan and consisting of five columns.

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Definitions:

Adjusting Entry

Journal entries made in an accounting period's end to allocate revenues and expenses to the period in which they actually occurred.

Rent Receivable

An account in the balance sheet that represents the amount of rental payments owed to a property owner but not yet received.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditure to the appropriate period.

Interest Payable

A liability account on a company's balance sheet representing the amount of interest expense that has been incurred but not yet paid.