A Benefit Is a Descriptive Fact About a Product or Service;

question 58

True/False

A benefit is a descriptive fact about a product or service; a feature is what the customer gains from that product or service benefit.

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Definitions:

Investment Amount

The total sum of money allocated to a particular investment or portfolio.

Bonds

A fixed income investment in which an investor loans money to an entity (corporate or sovereign) which borrows the funds for a definite period at a variable or fixed interest rate.

Excess Cash

Surplus funds that are not required for immediate operational needs or investment purposes.

Accrued Interest

Interest that has been incurred but not yet paid, usually recorded as a liability on the balance sheet.