Which of the following services provided by a wholesaling intermediary would be an example of the intermediary’s creating place utility for consumers?

a. ?risk taking
b. ?selling
c. ?financing
d. ?transporting
e. ?buying


Answer: d. ?transporting

Business

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A) nominal B) ordinal C) interval D) ratio

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Assets purchased under a deferred payment plan should be recorded at the future value of the installment payments

Indicate whether the statement is true or false

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Jamison is self-employed and he works out of an office in his home. After allocating the home-related expenses between the business office and the rest of the home, which of the following statements regarding the sequence of deductibility of the expenses allocated to the home office business use is correct? (Jamison does not use the simplified method for determining the home office expense deduction.)

A. Other expenses, property taxes and interest expense, depreciation expense. B. Depreciation expense, other expenses, property taxes and interest expense. C. Property taxes and interest expense, other expenses, depreciation expense. D. Other expenses, depreciation expense, property taxes and interest expense. E. None of the choices are correct.

Business

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Answer the following statement true (T) or false (F)

Business