with respect to location-based services which of the following terms describes a process of converting a non-revenue-generating product into a source of income??

best answer
Terms in this set (64) The elements of financial position describe amounts of resources and claims against resources. It is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. It is a present obligation of an entity arising from past events the settlement of ...