When Recording Transactions in Two or More Accounts and the Totals

question 10

Multiple Choice

When recording transactions in two or more accounts and the totals of the debits and credits are equal, it is called

• A) debiting.
• B) crediting.
• C) posting.
• D) double-entry bookkeeping.

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Definitions:

Global Segmentation

The process of dividing a global market into distinct subgroups of consumers with common preferences or needs.

Common Needs

Shared or universal requirements among a group of people or within a market segment, influencing product design and marketing strategies.

Entire Globe

A term used to denote the whole world or planet Earth.

Competitive Analysis

Examination of competitors and their products or services to identify strengths and weaknesses relative to one's own business.