A museum that provides wall posters, tape-recorded guides and tours is addressing which characteristic of services?

a. Intangibility
b. Inseparability
c. Variability
d. Perishability
e. Target audience involvement


E

Business

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Overestimating the number of tons of a mineral that can be mined over a mineral deposit's life will result in

A) understated total assets each year. B) understated net income each year. C) understated depletion expense each year. D) no effect on total assets each year.

Business

Search warrants are not required for searches of business premises for businesses in certain

heavily regulated industries. Indicate whether the statement is true or false

Business

Calculate the amount of accounts receivable assuming that a pro forma balance sheet dated at the end of May was prepared from the information presented. (See Table 4.3)

What will be an ideal response?

Business

Which of the following statements is INCORRECT regarding the advantages of simulation?

a. Simulation is relatively easy to explain and understand. b. Simulation guarantees an optimal solution. c. Simulation models are flexible. d. A simulation model provides a convenient experimental laboratory for the real system.

Business