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19Frequent Travelers on Airlines Know One of the Costs of Traveling

question 59

Multiple Choice

19.Frequent travelers on airlines know one of the costs of traveling is damaged baggage,but they also know that each airline will either repair or replace any luggage damaged by its baggage handlers.The ability to count on this service in the event a handle is torn off or the side of a bag is gashed helps the airlines narrow provider _____ of the gaps model of service quality.

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Fees Earned

Income generated from services provided, recognized in the period in which the services are rendered.

Billed

Issuing an invoice to customers for goods sold or services provided, indicating the amount they owe the business.

Unearned Subscription Revenue

Income received for subscriptions that have yet to be fulfilled or delivered to the customer, considered a liability until earned.

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