Which of the Following Refers to the Physical Presence of the Customer

question 44

Multiple Choice

Which of the following refers to the physical presence of the customer in a service system?

• A)Creation of the service
• B)Customer contact
• C)Intermittent production
• D)Continuous production
• E)None of these

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Definitions:

Equity Method

An accounting technique used by companies to record their investments in other companies when they have significant influence but not full control.

Cost Method

An accounting approach used to account for investments, where the investment is recorded at its cost and adjustments are made for dividends received or possible impairments.

Note Disclosure

An explanatory or descriptive information included within financial statements, usually providing details about the basis of preparation, accounting policies, and specifics of certain account balances.

Capitalize

The accounting practice of recording a cost or expense on the balance sheet for the purposes of delaying full recognition of the expense over time through depreciation or amortization.