Firms that possess and exploit costly-to-imitate, rare and valuable resources in choosing and implementing their strategies may enjoy a period of

A debit is used to record:

a. A decrease in an asset account. b. A decrease in an expense account. c. An increase in a revenue account. d. An increase in the balance of an owner's capital account. e. An increase in the balance of the owner's withdrawals account.

An explanation of how a project was conducted is known as its __________________

a. summary b. overview c. introduction d. methods