Which of the Following Businesses Would Be Most Likely to Use

question 170

Multiple Choice

Which of the following businesses would be most likely to use family life-cycle segmentation?

• A)businesses that produce and market computer software and hardware
• B)the snack industry
• C)fast-food restaurants
• D)wedding planners,couples-only resorts,and daycare centres

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Definitions:

Accounting Information System

A system used to collect, store, manage, process, retrieve, and report financial data for the users.

Manual Accounting System

A system in which someone performs each of the steps in the accounting cycle by hand.

Special Journals

Accounting books designed for recording specific types of transactions, such as sales, purchases, cash receipts, and cash disbursements.

Special Journals

Accounting journals designed for recording a specific type of transaction consistently, such as sales or purchases, for efficient processing.