Accounts payable results from transactions in which merchandise is purchased but no formal note is signed to show the purchaser's liability to the seller

Fashion Spell, an apparel store, has a page on Facebook through which it interacts with its customers. It encourages customers to post comments about the store and give feedback

It also holds a lucky draw competition every week and the winner receives a gift voucher from Fashion Spell. Given this information, Fashion Spell uses _____ to increase its customer base. a. social media marketing b. product adaptation c. contract manufacturing d. countertrade

The cost of providing service is generally easier to quantify than the cost of waiting time

Indicate whether the statement is true or false