Commonly, notes to the financial statement are included that discuss both long-term and ______ liabilities.

Fill in the blank(s) with the appropriate word(s).

Ans: contingent

Business

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Desired service is the minimum level of service customers will accept without being dissatisfied

Indicate whether the statement is true or false

Business

Which of the following pricing approaches is suitable for implementation of a survival pricing objective?

A) penetration pricing approach B) demand-based pricing approach C) markup pricing approach D) perceived-value pricing approach

Business