Which of the following is true regarding services?
A) Services are typically produced, stored, and then consumed.
B) Services are generally low in experience and credence qualities.
C) Service providers develop similar marketing programs for personal services and business services.
D) There is less risk associated with the purchase of services than with the purchase of goods.
E) Provider-client interaction is a special feature of services marketing.
E
You might also like to view...
Consider the statements that follow.1. Variable selling costs are expensed when incurred.2. The income statement discloses a company's contribution margin.3. Fixed manufacturing overhead is attached to each unit produced.4. Direct labor becomes part of a unit's cost.5. Sales revenue minus cost of goods sold equals contribution margin.6. This method must be used for external financial reporting.7. Fixed selling and administrative expenses are treated in the same manner as fixed manufacturing overhead.8. This method is sometimes called full costing.9. This method requires the calculation of a fixed manufacturing cost per unit.Required: Determine which of the nine statements: A. Relate only to absorption costing.B. Relate only to variable costing.C. Relate to both absorption costing and
variable costing.D. Relate to neither absorption costing nor variable costing. What will be an ideal response?
The following information pertains to Genie Company: Standard materials allowed $12,000 Unfavorable materials price variance 2,000 Favorable materials usage variance 1,000 Actual payroll $20,000 Unfavorable labor rate variance 1,500 Unfavorable labor efficiency variance 500 What is the entry to record the direct materials cost and variances, assuming that the price variance is recorded when the
materials are put into production? a. Materials 12,000 Materials price variance 2,000 Accounts payable 13,000 b. Work in process 12,000 Materials quantity variance 1,000 Materials price variance 2,000 Materials 11,000 c. Work in process 11,000 Materials price variance 2,000 Materials 13,000 d. Work in process 12,000 Materials price variance 2,000 Materials quantity variance 1,000 Materials 13,000
Federal executive agencies are outside the federal executive departments.
Answer the following statement true (T) or false (F)
Which of the following is true of the agile approach to software development? a. In the agile method, requirements andsolutions evolve through collaboration
b. An agile approach sets scope goals, but leaves time and cost goals flexible. c. Agile is a predictive model of software development. d. In the agile approach, requirements must be clearly expressed early in the life cycle.