The Most Efficient Method of Franchising,from the Franchiser's Point-Of-View,which Has

question 104

Multiple Choice

The most efficient method of franchising,from the franchiser's point-of-view,which has become popular in the 1990s and permits one franchisee to hold several franchises from the same franchise company,is called:

• A)multiple-unit franchising.
• B)master franchising.
• C)conversion franchising.
• D)piggybacking.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary depending on the income or profit levels.

Intra-entity Transactions

Transactions that take place between two divisions or units within the same company, affecting only internal accounts.

Accrual-based Income

A method of accounting that records revenue when it is earned and expenses when they are incurred, regardless of when cash is received or paid.

Tax Rate

The percentage at which an individual or corporation is taxed by the government.