Tangible Characteristics That Customers Can Evaluate Prior to Purchase Are

question 26

Multiple Choice

Tangible characteristics that customers can evaluate prior to purchase are termed ____________.

• A)search attributes
• B)experience attributes
• C)credence attributes
• D)satisfaction attributes
• E)capital attributes

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Definitions:

Straight Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Capital Cost Allowance

A tax deduction in Canada for the depreciation of tangible property.

Deferred Tax

A tax liability or asset that arises due to temporary differences between the book value and tax value of assets and liabilities.

Deferred Tax Asset

A tax benefit that arises from temporary differences between the book and the taxable income, often due to allowances and deductions recognized at different times.