Which of the Following Is Not an Example of a Service

question 32

Short Answer

Which of the following is not an example of a service firm? a. Delta Airlines.
B) Blankenship and Hobbs, Attorneys.
C) First State Bank.
D) Hilton Hotels.
E) All of the above are service firms.

---

Definitions:

Introductory

Refers to the initial stage or beginning phase of a process, policy, or product.

Modified Approach

An alternative accounting method allowing certain assets to be reported at historical cost rather than being continuously adjusted for market valuation.

Infrastructure Assets

Long-term physical assets that are foundational for providing public services, such as roads, bridges, water systems, and utilities.

Capitalizes

The process of recording an expenditure as an asset, rather than an expense, thus spreading the cost over the useful life of the asset.