Customer ________ Analysis Involves Creating Customer Profiles Based on Demographic

question 64

Short Answer

Customer ________ analysis involves creating customer profiles based on demographic characteristics, purchase patterns, and other criteria, and placing them into various categories.

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Definitions:

Expense Accounts

Accounts used to record transactions relating to expenses incurred by a business, such as costs for materials, utilities, and salaries.

Common Stock

Equity securities representing ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.

Trial Balance

An accounting report that lists the balances of all ledgers accounts to check the mathematical accuracy of the bookkeeping system.

Debit Balance

Refers to the excess of debits over credits in an account, indicating either an increase in assets or expenses or a decrease in liabilities, equity, or income.