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If a product includes features that customers care most about,we would say that it has high:
Adjusting Entries
Entries made in accounting records at the end of an accounting period to update the balances of accounts in the preparation of financial statements.
Accounting Period
A specific time period during which financial transactions are recorded and financial statements are prepared.
Current Assets
Assets expected to be converted into cash, sold, or consumed within a year or the operating cycle, whichever is longer.
Current Liabilities
Short-term financial obligations due within one year or within the normal operating cycle of the business, whichever is longer.
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