Match the Following Terms with Their Definitions

question 12

Multiple Choice

Match the following terms with their definitions.
-Trade-in

• A)Residual value not deducted in calculation
• B)Even amount of depreciation expense each year
• C)Depreciation based on usage
• D)Depreciation that has been built up
• E)An allocation of the cost of an asset
• F)Estimated life of asset
• G)Cost minus accumulated depreciation
• H)1 divided by number of years of expected life
• I)A table showing depreciation allocation
• J)Estimated value after AFIC depreciation taken
• K)Result of Tax Reform Act of 1986
• L)Salvage value

Comprehend the core aspects of the Franchise Relationship Model (FRM).

Identify franchisor functions within the Franchise Relationship Model.

Explain the Service Delivery System (SDS) component within a franchise offering.

Recognize the purpose and composition of a demographic profile in customer targeting.