A Massage Parlor Requires Its Therapists to Keep a Database

question 77

Multiple Choice

A massage parlor requires its therapists to keep a database on each customer and include in that database what was done on each visit for customer aches and pains.Which of the following service characteristics is the parlor trying to cope with?

• A) Intangibility
• B) Perishability
• C) Inconsistency
• D) Consumability
• E) Compatibility

Understand the purpose and application of a voucher system in controlling cash disbursements.

Describe effective cash management principles and their application in business operations.

Differentiate between cash and cash equivalents.

Comprehend the gross method of recording purchases.

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Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts to be executed in writing and signed by all parties to be enforceable.

Witnesses

Individuals who observe an event, such as the signing of a document, and can attest to its occurrence.

Beneficiary

The person for whose benefit an insurance policy, trust, will, or contract is established. In the case of a contract, the beneficiary is called a third-party beneficiary.

Parol Evidence Rule

A legal rule that prevents the introduction of outside evidence to modify, vary, or contradict the terms of a written contract.