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The most important difference between the 'cognitive miser' model and the 'motivated tactician' model is:
Revenue
The total income received by a company from its normal business activities, before any expenses are subtracted.
Long-term Liabilities
Financial obligations of a business that are due more than one year in the future, such as bonds payable or long-term loans.
Current Liabilities
Liabilities that a company is obligated to pay within one year or within its normal operating cycle if longer.
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