In Which of the Following Service Industries Would You Most

question 24

Multiple Choice

In which of the following service industries would you most likely find the service provider using competition-based pricing?

• A) Banking industry
• B) Hospital industry
• C) Legal services
• D) Tax accounting business
• E) Rental car industry

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Definitions:

Education Expenses

Costs associated with schooling or training, including tuition, books, and supplies, that may be eligible for tax deductions or credits.

Law School

An educational institution specializing in the study of law, preparing students to practice as attorneys.

CPA Exam

A standardized test that must be passed to become a licensed Certified Public Accountant in the United States.

Self-Employment Income

Earnings derived from one's own business, trade, or profession rather than from salaried employment.