The Universal Functions of Marketing Include Buying, Selling, Transporting, Storing

question 95

Multiple Choice

The universal functions of marketing include buying, selling, transporting, storing, _________________________________________.

• A) standardization and weighing, financing, risk taking, and marketing information
• B) standardization and grading, facilitating, risk taking, and marketing information
• C) standardization and grading, financing, risk taking, and marketing information
• D) standardization and grading, financing, risk taking, and merchandising information

---

Definitions:

Ledger

A comprehensive collection of a company's financial transactions, organized by account.

Alphabetical Order

A method of sorting by arranging items according to the sequence of letters in the alphabet.

Credits

In accounting, credits are entries that decrease assets or increase liabilities and equity on a company's balance sheet, corresponding to the double-entry bookkeeping system.

Debits

Entries made on the left-hand side of an account record in double-entry bookkeeping, indicating increases in assets or expense accounts, or decreases in liabilities, equity, or revenue accounts.