Which of the Following Is NOT a Benefit of Location-Based

question 57

Multiple Choice

Which of the following is NOT a benefit of location-based services at shopping malls?

• A)Create product groups
• B)Guaranteed lower prices
• C)Receive live updates on sales
• D)Advertise 2-hour sales to attract people to high-end product purchases

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in a net income or loss.

Salaries Expense

The total amount paid to employees for services rendered during a specific period, recorded as an expense in financial statements.

Salaries Payable

A liability account that records the amounts owed to employees for work performed but not yet paid.

Month-End Adjusting Entry

Journal entries made at the end of the reporting period to update the accounts for accurate financial reporting.