Examlex
There are many challenges to changing doctors, including transferring medical records and losing the doctor-patient relationship along with the doctor's knowledge of the patient's history. Changing doctors provides a great example of switching costs.
Unusual Item
A significant transaction or event that is infrequent in nature, distinct from the ordinary activities of the business.
Current Operations
Relates to the primary activities that a business performs to earn revenue within its normal business cycle.
Accounting Methods
Systems that companies use to record their financial transactions, such as cash basis and accrual basis accounting.
Comparable Data
Information or statistics that are sufficiently similar in nature to serve as a basis for comparison in analytical or valuation efforts.
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