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Apple is known for product innovation and the creation of products that meet needs consumers didn't realize they had, such as using an iPad to easily access the Internet, read books, and play games. In order to develop and deliver products to consumers that are high in value and successful, the firm implements a variety of ________ activities in order to stay abreast of consumer trends and preferences, and to determine the potential for success of new products.
Credit Balance
The amount appearing on the credit side of a ledger, indicating the total credits exceed the total debits in an account.
Debit Balance
It is the remaining amount owing in an account after all debits and credits have been accounted for, typically found in asset and expense accounts.
Recorded By Credits
Recorded by Credits refers to accounting entries made on the credit side of an account, indicating an increase in liabilities, revenue, or equity, or a decrease in assets.
Decreases
A reduction in the quantity, size, or value of something.
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