Thumbtack Is a Business in the _________ Commerce Category

question 26

Multiple Choice

Thumbtack is a business in the _________ commerce category.

• A) Little
• B) Local
• C) Mobile
• D) Social

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Definitions:

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations before any expenses are deducted.

Expense Accounts

Expense accounts are used in accounting to track money spent or costs incurred in a company's operations.

Retained Earnings

Earnings not paid out as dividends but instead reinvested in the company or used to pay off debt.

Total Assets

The combined value of everything a company owns, both current and non-current, as reported in the balance sheet.