In the Traditional Perspective, Public Relations Is a _____ Function

question 64

Multiple Choice

In the traditional perspective, public relations is a _____ function whose primary responsibility is to maintain mutually beneficial relationships between an organization and its publics.

• A)financial
• B)human resources
• C)nonmanagement
• D)nonmarketing
• E)sales

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Definitions:

Unearned Revenue

Money received by an entity for a service not yet performed or a product not yet delivered. It is recorded as a liability until the service or product is delivered.

Net Income

The total profit or loss of a company after all revenues, expenses, and taxes have been accounted for.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life.

Adjusting Entry

Journal entries made in accounting records at the end of an accounting period to update accounts for accurate financial reporting.