Elysian Events,a Wedding Planning Company,noted How Many Couples Had a Wedding

question 47

Multiple Choice

Elysian Events,a wedding planning company,noted how many couples had a wedding catastrophe of some kind.As a result,it abandoned wedding planning and began offering wedding insurance to protect couples from financial losses due to weather emergencies,stolen wedding rings,damaged wedding dresses,etc.In terms of the service blueprint,preparation of documents to submit to the insurance underwriting company that makes it possible for Elysian Events to offer wedding insurance inexpensively is part of which section of the service blueprint?

• A) Customer actions
• B) Onstage contact employee actions
• C) Backstage contact employee actions
• D) Support processes
• E) Audience actions

---

Definitions:

An Expense

Costs incurred by a business in the process of earning revenue, directly impacting the company's net income.

Amortization Of Discount

The process of gradually recognizing the discount on bonds payable as interest expense over the life of the bond.

Bond Interest Expense

The cost incurred by an issuer of bonds due to the interest it must pay to bondholders over the life of the bond.

Carrying Value

The book value of assets and liabilities as reported on the balance sheet, considering depreciation, amortization, or impairment.