Which of the Following Are the Two Primary Elements That

question 123

Multiple Choice

Which of the following are the two primary elements that create value for customers?

• A) Value on investment (VOI) and return on investment (ROI)
• B) Customer and user satisfaction
• C) Service requirements and warranty
• D) Resources and capabilities

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Definitions:

Income Sharing

An agreement or policy where generated income is distributed among participants or stakeholders based on pre-defined criteria or ratios.

Capital Balances

The amounts shown in a company's financial statements under shareholders' equity, representing the residual interests in the assets of the entity after deducting liabilities.

Goodwill Method

An accounting method used to evaluate the excess of purchase price over the fair value of net identifiable assets acquired in a business combination.

Journal Entries

Recorded transactions in the accounting records of a business that are used to transfer amounts from one account to another, ensuring the ledger remains in balance.