The Vast Majority of Advertising Agencies Are Large (20 or More

question 47

True/False

The vast majority of advertising agencies are large (20 or more employees), but the smaller, more creative agencies account for most of the billings.

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Definitions:

Biweekly

occurs or is done every two weeks or twice a week, depending on context.

Credit Balance

Occurs when the amount paid is greater than was due or the account is being paid in advance of service provided.

Processing Fee

A charge assessed for the handling, processing, or servicing of an application, transaction, or purchase.

Monthly Billing

A payment structure where charges for services or utilities are invoiced to customers every month.