One Example of a Contra-Revenue Account Is

question 9

Multiple Choice

One example of a contra-revenue account is:

• A)allowance for doubtful accounts
• B)sales returns and allowances
• C)accumulated depreciation
• D)sales revenue

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Definitions:

Place

In marketing, one of the four P's, referring to the distribution or location strategy for making a product or service available to consumers.

Basic Necessities

fundamental needs required for sustaining human life, including food, water, shelter, and clothing.

Deprived

refers to a lack of the necessary resources, rights, goods or capabilities which are considered normal or sufficient by the society in which an individual, group or area lives.

Human Needs

Fundamental requirements necessary for individuals to live a healthy and fulfilling life, including physiological, safety, love/belonging, esteem, and self-actualization needs.