If a long-term debt is paid in installments, the business will report the current portion of the note payable as a current liability

Which of the following forms of countertrade does not require use of money or credit between parties?

A) barter B) switch trading C) offset D) compensation trading E) none of the above

The success of one company in one industry may depend on another company in a different industry. This dependence creates ________

A) inelastic demand B) value-added demand C) derived demand D) micro-dependent demand E) elasticity