You Might Figure How to Better Target Ads or Promotions

question 35

Multiple Choice

You might figure how to better target ads or promotions to particular types of customers

• A)if you track sales by purchase basis.
• B)if you look at customer source basis and purchase.
• C)by tracking sales organized by product and customer satisfaction.
• D)if you link sales and purchase basis to the type of customer.

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Definitions:

Maker

In financial terms, the maker is typically the person who creates or signs a promissory note, thereby agreeing to pay the note’s value at maturity.

Notes Receivable

Represents claims against others, recorded by promissory notes, for money to be paid to the company.

Journal Entry

The recordation of a financial transaction in an accounting system, showing the accounts and amounts debited and credited.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that may not be collectible.