Which of the Following Is TRUE of Service Companies

question 225

Multiple Choice

Which of the following is TRUE of service companies?

• A) All costs of service companies 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:

Harm Reduction Model

Approach to treating substance use disorders that views alcohol use as normative behavior and focuses education on the immediate risks of the excessive use of alcohol (such as alcohol-related accidents) and on the payoffs of moderation (such as avoidance of hangovers).

College Drinking

The consumption of alcohol by college and university students, often discussed in the context of social norms, binge drinking, and its impacts on academic performance and health.

Abstinence Programs

Educational programs aimed at preventing substance abuse and sexual activity by promoting abstinence as the only effective method.

Gradual Withdrawal

The process of slowly reducing the intake of a substance to minimize withdrawal symptoms in the treatment of substance dependence.