Which of the Following Is True of Benefits

question 87

Multiple Choice

Which of the following is true of benefits?

• A) They play an important role in the value equation.
• B) They represent the performance characteristic of an object.
• C) They allow a consumer to diagnose something distinctive about an alternative.
• D) They are visually apparent and easily recognizable.

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Definitions:

Accounts Payable

Liabilities of a business representing money owed to creditors for goods and services received.

Accounts Receivable

Funds that customers owe to a business for products or services provided but have not yet been paid.

Cash Flow

Cash flow is the net amount of cash being transferred into and out of a business, indicating its ability to generate value, pay expenses, and invest in new opportunities.

Accumulated Depreciation

The total depreciation expense charged against an asset since it was acquired, reflecting its loss in value over time.