What Is a Disadvantage to Communicating with Potential Customers Via

question 22

Multiple Choice

What is a disadvantage to communicating with potential customers via just email and telephone?

• A) Takes away the intimacy of observation and learning by direct contact in the field
• B) It is an in-depth approach to collection of customer data
• C) It allows the customer to elaborate on their answers
• D) Technical issues can get in the way

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Definitions:

Deposit In Transit

Funds that have been deposited by a company but not yet credited to its bank account.

Ledger

A comprehensive collection of a company's financial accounts.

Petty Cash Fund

A small amount of cash kept on hand by a business for making immediate payments for miscellaneous small expenses.

Journal Entries

The basic means of recording financial transactions in the accounting records, consisting of debits and credits to various accounts.