Which of the Following Is Defined as the Value of the Resources

question 58

Multiple Choice

Which of the following is defined as the value of the resources used compared to the value of the resources saved or created?

• A) Absolute cost
• B) Absolute benefit
• C) Absolute profit
• D) Absolute price

---

Definitions:

Hotel Operators

Individuals or companies responsible for running a hotel, including managing its daily operations and services provided to guests.

Personal Property

Assets or belongings that are movable and not fixed to one location, unlike real estate.

Bailment

A legal relationship where physical possession of personal property is transferred from one party to another, under the agreement that the property will be returned.

Bailor

One who entrusts goods to a bailee.