What do you understand by the term account?

0 39 Views | Posted 8 years ago
Asked by Sunil Katkade

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  • Shiksha Ask & Answer

    Answered by

    Sunil Soni Management & IT Consultant | Scholar-Level 18

    8 years ago
    Account has different meanings and connotations. In the field of Finance account means a record or statement of financial expenditure and receipts relating to a particular period or purpose. In sales and marketing Account is an entity which sales and marketing team chase to maximize their product or services sale. For example in B2B customer enterprise as a business entity is treated an account by producer and selling organisation of product or services.

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