________________ Involves Calling Potential Customers at Their Home or Office,either

question 64

Multiple Choice

________________ involves calling potential customers at their home or office,either to make a sales call via telephone or to set up an appointment for a field salesperson.

• A)Outbound telemarketing
• B)Inbound telemarketing
• C)Direct mail
• D)Catalogs
• E)Both outbound telemarketing and inbound telemarketing

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Definitions:

Expired

Refers to resources or benefits that have been fully used and cannot contribute to future operations.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Prepaid Expenses

Costs that are paid for in advance and recorded as assets until they are used or consumed, at which point they become expenses.

Asset Account

Represents a resource owned or controlled by a company that is expected to provide future economic benefits.