Facebook, Snapchat and LinkedIn Are All Examples of ________

question 82

Multiple Choice

Facebook, Snapchat and LinkedIn are all examples of ________.

• A) brand alliances
• B) opinion leaders
• C) social networks
• D) early adopters
• E) market mavens

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Definitions:

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Salvage Value

The estimated resale value of an asset at the end of its useful life, used in calculating depreciation.

Adjusting Entry

An accounting record created at the close of an accounting period to distribute expenses and revenue to the correct period.

Straight-Line Depreciation

A technique that distributes the expense of a physical asset evenly over its lifetime in yearly installments.