In Terms of Perishability,which of the Following Is a Difference

question 75

Multiple Choice

In terms of perishability,which of the following is a difference between services and goods?

• A)Services often can be separated from the person providing them,while goods cannot be usually sold by different people.
• B)Services generally solicit minimal customer interaction,while goods involve significant levels of customer interaction.
• C)Services can be used only at the time they are offered,while goods can be placed in an inventory.
• D)Services can be stored and transported across geographical regions,while goods cannot be inventoried for use at another time.

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Definitions:

Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity of the business.

Financial Data

Quantitative information about financial conditions, performance, and transactions of a business, individual, or entity.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Financial Data

Information about financial transactions, including income, expenses, assets, and liabilities, used for analysis and decision-making.