All of the Following Are Examples of Service Revenues EXCEPT

question 29

Multiple Choice

All of the following are examples of service revenues EXCEPT

• A) cell phone, internet, or television services.
• B) cargo revenues when airlines provide flight services to their customers.
• C) textbook sales by universities and colleges.
• D) service and maintenance revenue by vehicle manufacturers.

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Definitions:

Budgeted Cash Disbursements

An estimate of all cash payments that a business plans to make over a specific period, including expenses, purchases, and investments.

Merchandise Purchases

The buying of goods for resale, specifically those goods bought by a retailer to be sold to customers.

Operating Expenses

Ongoing costs for running a product, business, or system that do not include cost of goods sold but can include items like salaries and utilities.

Direct Materials Purchases Budget

A financial plan estimating the raw materials a company needs to purchase to meet its production goals.