FBLA Entrepreneurship questions with correct answers

accessible CORRECT ANSWER the capability of a web site that allows all types of people to access and use the site's content accounting period CORRECT ANSWER a block of time, such as a month, a quarter, or a year, covered by an accounting report accounts payable CORRECT ANSWER the amount a business owner owes to creditors accounts receivable CORRECT ANSWER the amount customers owe a business accrual basis CORRECT ANSWER an accounting system in which income is recorded when it is earned, and expenses are recorded when they are paid achiever CORRECT ANSWER a person with a record of success advertising agency CORRECT ANSWER a company that acts as an intermediary between a business and the media to communicate a message to the target market advertising CORRECT ANSWER the paid nonpersonal presentation of ideas, goods, or services directed at a mass audience by an identified sponsor by means of print and broadcast affiliate program CORRECT ANSWER an online marketing agreement in which member web sites drive targeted traffic to an e-commerce merchant in return for a commission on the sales generated at the merchant site angel CORRECT ANSWER a private, nonprofessional investor, such as a friend, relative, or a business associate, who funds start-up companies