One Segment of the Business Market Has Primary Goals That

question 58

Multiple Choice

One segment of the business market has primary goals that differ from the ordinary business goals such as profit, market share, or return on investment. This segment includes many schools, churches, and civic clubs. What is the name for this type of business market?

• A)institution
• B)OEM
• C)service
• D)provider

---

Definitions:

Ledger

A comprehensive collection of all accounts and transactions for a company, used in the double-entry bookkeeping system.

Overpayment Error

An overpayment error occurs when more money is paid than is actually owed, requiring adjustment or refund.

Wages Expense

This is the total amount of wages paid by a company to its employees for a specific period of time.

Cash

Liquid currency and equivalents that a company can use immediately for transactions.