Examlex
American Standard improved the quality of its value chain by getting rid of partners who ________.
Allocation
The process of assigning a cost or an income to various accounts, departments, or periods as part of accounting efforts.
Transaction Price
The amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer.
Principal/Agent
A relationship in which one party (the agent) is authorized to act on behalf of another party (the principal) in conducting transactions.
Commission
A fee paid to an agent or employee for facilitating a sale or service, typically a percentage of the sale price.
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