The technical term for submitting a claim to arbitration is subrogation.

Only contingencies that are probable and can be estimated are recorded as a liability and an accrued expense

Indicate whether the statement is true or false

While marketers should be secure in their own convictions and traditions, ________ are required to appreciate the integrity and value of other ways of life and points of view

A) standard of living and stage of economic development B) production process and standards of measurement C) open mind and absence of prejudice D) degree of nationalism and economic community membership E) fast food culture and slow food culture