Use the Information Below to Answer the Following Question(s)

question 89

Multiple Choice

Use the information below to answer the following question(s) .Toronto Industries Inc.had the following activities during the year:

-Merchandising-sector companies

• A)purchase materials and convert them to finished goods.
• B)buy goods and resell them.
• C)provide services or intangible products.
• D)have only variable costs.
• E)have period and some manufacturing costs.

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Definitions:

No-Return Policy

A sales policy indicating that purchased items cannot be returned for a refund or exchange.

Abstract Nouns

Nouns that represent intangible concepts, qualities, or ideas, such as freedom, happiness, or love.

Bad-News Message

Communication that conveys disappointing, negative, or unfavorable information to the receiver.

Trite Statements

Expressions or remarks that are overused and lack originality or freshness.