Which of the Following Is NOT a Common Form of Internal

question 75

Multiple Choice

Which of the following is NOT a common form of internal customer data collected by companies?

• A) names
• B) when a customer purchases
• C) addresses
• D) psychographic
• E) what a customer purchases

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Definitions:

Purchases Journal

A ledger used in accounting to record all purchases of goods and services on credit.

Accounts Payable

Short-term liabilities or money owed by a company to its creditors or suppliers for goods and services that have been delivered but not yet paid for.

Merchandise Inventory

Goods that a retailer, wholesaler, or distributor holds for the primary purpose of selling to customers.

General Journal

A primary accounting record used to document all business transactions in chronological order.