Which of the Following Is Not a Fundamental Difference Between

question 3

Multiple Choice

Which of the following is not a fundamental difference between manufacturing and service operations?

• A)Perceptions of performance and quality are more important in services.
• B)Many services demand high levels of contact between the operations and ultimate customer.
• C)Services are associated with higher levels of customer loyalty.
• D)The inability to store services can create problems with capacity management.

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Definitions:

Going Concern

An accounting principle that assumes a company will continue in operational existence for the foreseeable future, without the intention or necessity of liquidation.

Comparability

The ability to compare financial information across different entities or time periods to understand economic similarities and differences.

Faithful Representation

A fundamental qualitative characteristic in financial reporting, ensuring that financial statements are complete, neutral, and free from material error.

Relevant

Pertaining to something that is closely connected or appropriate to the matter at hand, especially in terms of information.