The Continuum of Tangibility Goes from ____ on One End

question 104

Multiple Choice

The continuum of tangibility goes from ____ on one end to ____ on the other end.

• A) service-dominant products; good-dominant products
• B) pure products; pure services
• C) rational products; irrational products
• D) mostly service goods; mostly product goods
• E) easy to see; not easy to see

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Definitions:

Earned

Income or revenue that has been generated from business activities or services provided.

Cash

Money in the form of coins or banknotes, especially that used to operate a business.

Cash Basis

An accounting method whereby revenues and expenses are recorded when cash is received or paid, rather than when they are incurred.

Accounting

The process of recording, classifying, summarizing, and interpreting financial transactions to provide information that is useful in making business decisions.