At College,Marla Is Active in Drama

question 73

Essay

At college,Marla is active in drama.This summer she plans to run a two-week drama camp for the children in her neighborhood.She is planning to charge $75 per child.At the end of the two-week period,she is hoping to have the group present a play she has written.She plans on hiring her two brothers to assist her.The campers will learn all about the theater by building the set,rehearsing the play,selling tickets,making costumes and doing everything else needed to present the play.Discuss her activities in terms of the service marketing triangle.

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Definitions:

Accounting Period

The span of time at the end of which a company's financial statements are prepared, typically a quarter or year.

Cost Effectiveness

A measure of the economic efficiency in terms of the cost incurred for a given outcome or result.

Accounting System

An organized set of manual and computerized accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data.

Accounting Report

Documents that summarize the financial performance and position of an entity, such as income statements and balance sheets.