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A Service Cannot Be Touched,seen,tasted,heard,or Felt in the Same Manner

question 17

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A service cannot be touched,seen,tasted,heard,or felt in the same manner in which goods can be sensed and,therefore,is referred to as being:


Definitions:

Personal Exemptions

Deductions allowed on individual income tax returns, reducing the amount of income subject to taxation, based on the taxpayer and dependents.

Job Number

An unique identifier assigned to a specific job or project for tracking costs, progress, and billing.

Materials Requisition Slip

A document authorizing the issuance of raw materials from the storeroom to production.

Cost Per Unit

A measure of the cost incurred to produce, acquire, or create one unit of a product or service.

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