A(n) ______________________________ is designed to collect, process, and report information related to financial transactions.

Fill in the blank(s) with the appropriate word(s).


AIS

Business

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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

Business

The FMV of an asset for gift or estate tax purposes is the same except for

A. patents. B. life insurance policies. C. land. D. marketable securities.

Business

When a court rewrites a contract to express the parties' true intentions, what remedy has it used?

A) Quasi-contract B) Reformation C) Substituted contract D) Restitution E) Specific performance

Business

Term insurance is less expensive than whole life or endowment insurance

Indicate whether the statement is true or false

Business