Which of the Following Is No Longer a Characteristic of Retailing

question 89

Multiple Choice

Which of the following is no longer a characteristic of retailing?

• A)dramatic move from regional stores to national chains
• B)Many historic retail practices have been altered.
• C)advertising for it is referred to as local
• D)goes directly to customers with personalized messages
• E)Customers now can do one-stop shopping.

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Definitions:

Straight-Line Method

A depreciation method applying an equal expense rate each year over the useful life of the property.

Estimated Residual Value

The anticipated market value of an asset at the end of its useful life, used in calculating depreciation.

Double-Declining-Balance

A method of accelerated depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly.

Depreciation Expense

Systematically spreading the expense of a physical asset over its duration of utility.