There are four unique elements to services - intangibility, inconsistency, inseparability, and inventory - which are referred to as the ________.
A. service matrix
B. 4Ps of services
C. service mix
D. service continuum
E. four I's of services
Answer: E
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Production costs are transferred from one Work-in-Process Inventory account to the next and eventually to ________.
A) Manufacturing Overhead B) Sales Revenue C) Finished Goods Inventory D) Accounts Payable
Analytical procedures are seldom used during the risk assessment stage of an audit engagement because they are substantive procedures.
Answer the following statement true (T) or false (F)
A ________ takes data from the data manufacturers, cleans and processes the data, and locates the data on the shelves.
A. data warehouse B. data mine C. data link layer D. data bus E. data model
The principle of liability stating that an employer is liable for a physical tort committed by an employee acting within the scope of employment and a nonphysical tort of an employee acting with authority is called
a. the equal dignities rule. b. respondeat superior. c. fiduciary control. d. apparent authority.