Heterogeneity of Service Means That

question 14

Multiple Choice

Heterogeneity of service means that:

• A)services cannot be stored for future sale.
• B)the production and consumption of the service cannot be separated.
• C)services cannot be possessed.
• D)there is a lack of uniformity in the performance of people.

---

Definitions:

Operating Loss Carryforward

A tax provision that allows businesses to apply current year operating losses against future profits to reduce tax liability.

Deferred Liability

A liability that is recognized on the balance sheet but will be settled at some point in the future.

Tax Benefit

A tax policy that allows certain deductions, credits, or exclusions that ultimately reduce a taxpayer's burden, improving financial efficiency.

Operating Loss Carryforward

A tax provision that allows businesses to apply current year's operating losses to future profits for tax relief.