Which of the Following Is an Example of the Threat

question 19

Multiple Choice

Which of the following is an example of the threat of substitute products and services?

• A)Self-administered dental examinations for dentist examinations.
• B)Outpatient surgery for inpatient surgery.
• C)Adults being treated in pediatric specialty hospitals.
• D)Massage therapy substituted for acupuncture.

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Definitions:

Current Year

The present calendar or fiscal year in which business operations, transactions, or tax considerations are being referenced or conducted.

Form 2553

A tax form used by small businesses to elect to be treated as an S corporation for the purposes of federal taxation.

Taxable Income

The portion of income that is subject to taxation after all allowances, deductions, and exemptions are considered.

Book Income

The income reported by a corporation for financial reporting purposes, which may differ from taxable income.