Examlex
Those characteristics of a product that make it superior to competitive substitutes are referred to as
Accounting
The systematic process of recording, analyzing, and interpreting financial information.
Identifies
Identifies means to recognize or establish the nature, characteristics, or details of something or someone, especially for the first time.
Eliminates Need
Refers to the process or action that makes a particular requirement or necessity obsolete or unnecessary.
Business Entity Assumption
An accounting principle that treats a business as separate from its owners or other businesses.
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