The Most Significant Potential Benefit of the Internet Channel Is

question 2

Multiple Choice

The most significant potential benefit of the Internet channel is:

• A)the ability to touch and feel the products.
• B)the easy access to product information anytime and for a long period of time.
• C)the ability to reduce the perceived risks of buyers.
• D)the ability to personalize information for each customer economically.
• E)allowing customers to buy products with cash.

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Definitions:

Average Tax Rate

The proportion of total income paid in taxes, calculated by dividing total tax amount by total income.

Circular 230

Regulations and guidelines issued by the US Department of the Treasury for tax professionals regarding practice before the IRS.

Certified Public Accountants

Licensed accounting professionals who have passed the CPA examination and met state certification and experience requirements, skilled in areas such as audit, tax, and financial consulting.

Enrolled Agents

Tax professionals licensed by the federal government to represent taxpayers in matters regarding the Internal Revenue Service (IRS).