____________________ is the process of paying off a financial obligation in a series of equal regular payments.
Fill in the blank(s) with the appropriate word(s).
Amortization
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Because there are so many different publics, public relations professionals often serve as mediators between management and these constituent groups upon whom organizations depend
Indicate whether the statement is true or false
Adding value with a cluster of satisfactions would be an effective way to deal with:
A) time resistance B) adaptive selling C) price resistance D) third-party testimonials E) decision postponements
On drafts and checks, a drawer's secondary liability does not arise until the drawer fails to pay or to accept the instrument
Indicate whether the statement is true or false
Dreckman Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for August. Fixed Element per MonthVariable Element per Customer ServedActual Total for AugustRevenue $4,000$125,500Employee salaries and wages$46,600 $900$74,700Travel expenses $600$18,800Other expenses$33,100 $33,500When the company prepared its planning budget at the beginning of August, it assumed that 36 customers would have been served. However, 31 customers were actually served during August.The "Other expenses" in the flexible budget for August would have been closest to:
A. $28,847 B. $33,100 C. $38,903 D. $33,500