Which of the Following Provide the Best Evidence of Specialization

question 139

Multiple Choice

Which of the following provide the best evidence of specialization?

• A)a firm that produces a line of related products, such as eight kinds of breakfast cereal
• B)an architect who is willing to practice in only one geographic area
• C)a physician that practices in a specialty area such as cardiology or orthopedic surgery
• D)a family that eats at Wendy's every Thursday night
• E)a retailer that sells goods but provides no services

---

Definitions:

Liquidation

The winding-up process when a partnership goes out of business.

Dishonored Note

A promissory note that has not been paid at maturity or is in default.

Due

Describes obligations or payments that are scheduled to be paid or completed by a certain date.

Not Paid

Refers to invoices or debts that have not been settled or fulfilled as per their due dates.