Which of the Following Is True of Service Companies

question 109

Multiple Choice

Which of the following is true of service companies?

• A)All of service companies' costs are product costs.
• B)Service companies modify and resell products they buy from manufacturers.
• C)Revenues of service companies are only recorded on cash receipt.
• D)Service companies carry no inventories of products for sale.

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Definitions:

dBase File

A file format originally used by the dBase database management system to store data in a table structure.

Word Table

A feature in Microsoft Word that allows for the organization of data in rows and columns within a document.

Tab Order

The sequence in which the focus moves from one input field to another when the user presses the Tab key.

Button Order

The sequence or arrangement of buttons in a user interface, which can affect the usability and aesthetic of the interface.