When We Choose a Product Due to the Attractiveness of the Requester,which

question 9

Multiple Choice

When we choose a product due to the attractiveness of the requester,which of the following influences are we acting under?

• A)Social proof.
• B)Authority.
• C)Affinity.
• D)Scarcity.
• E)Consistency.

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Definitions:

Accounts Receivable

Funds that customers owe to a business for products or services that have been provided but remain unpaid.

Journal Entry

A written record in accounting that documents a business transaction in the ledger.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or completion.

Allowance for Doubtful Accounts

An accounting provision made by a company to account for customers who may not be able to make required payments, affecting the accounts receivable balance.