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Autumn calls the most reputable plumber in the community to repair the faucet in her kitchen. She pays the plumber for his work. However, the next day, Autumn sees the faucet leaking again and is stunned to see the repair was done with a strip of duct tape. This reaction from Autumn can be attributed to a(n)
GAAP
A body of established accounting conventions and criteria for the preparation of financial reports.
Marketing Manager
A professional responsible for developing, implementing, and executing strategic marketing plans for an entire organization or lines of business and brands within an organization to attract potential customers and retain existing ones.
Estimated Liabilities
Obligations that are recognized but whose timing and/or amount is uncertain.
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