A Distribution Channel Is the Means by Which a Company

question 12

True/False

A distribution channel is the means by which a company delivers its goods and services to its customers.

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Definitions:

Computerized Accounting System

An accounting information system that processes financial transactions and events as per GAAP (Generally Accepted Accounting Principles) using computer software.

Systems Design

The process of defining the architecture, components, interfaces, and data for a system to satisfy specified requirements.

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specific accounting period.

E-Commerce

The use of the Internet for performing business transactions.