The View That Holds That Online Shopping and Buying Avoids

question 131

Multiple Choice

The view that holds that online shopping and buying avoids fighting traffic or standing in store checkout lines is an example of

• A)customerization.
• B)control.
• C)convenience.
• D)utilitarianism.
• E)marketplace value.

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Definitions:

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjustments have been made for journal entries.

Adjustments Column

A column in accounting ledgers or tables used to record changes or corrections to initial entries prior to preparing financial statements.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure a company's bookkeeping system is mathematically correct.

Accounting Cycle

The comprehensive process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on the financial statements.