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According to David McClelland, what are three types of managers?
Deferred Revenue
Money received by a company for goods or services which have not yet been delivered or performed.
Notes Payable
Short-term or long-term liabilities representing amounts owed to creditors, documented by promissory notes.
Long-term Note Payable
A debt obligation that is not due for repayment within the next year or operating cycle of the business.
Periodic Instalment
Regular, scheduled payments made over time to repay a debt.
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