Customer Training and Customer Consulting Are Two Areas for Service

question 15

True/False

Customer training and customer consulting are two areas for service differentiation that manufacturers can use with their products.

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Definitions:

FASB

The Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards in the United States.

Accounting Standards

Formal conventions, rules, and guidelines that govern how financial statements are prepared and presented to ensure uniformity and comparability.

Accumulated Profits

The retained earnings of a company, representing the net income that has not been distributed to shareholders as dividends and is reinvested in the business.