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When Compared to Other Forms of Promotion,personal Selling

question 105

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When compared to other forms of promotion,personal selling:


Definitions:

Revenue

The cumulative revenue produced from the sale of goods or provision of services directly linked to the main business activities of a company.

Unearned Rent Revenue

Income received by a property owner for rent that has not yet been earned because the time period the rent covers has not yet passed.

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account.

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