1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ad libitum [116K]
3 years ago
5

The work process involved in providing the service involves the physical presence of the customer in the system. Group of answer

choices True False
Business
1 answer:
anyanavicka [17]3 years ago
7 0

The work process involved in providing the service involves the physical presence of the customer in the system is false.

Explanation:

  • The Customer contact refers to the physical presence of the customer in the system.
  • creation of the service refers to the work process involved in providing the services.
  • There is minimum waste of time and resources in delivering the service.
  • service process can be enhanced by the customer who takes a greater role in the production of the service.

You might be interested in
Some of the transactions of Torres Company during August are listed below. Torres uses the periodic inventory method.
Nadya [2.5K]

Answer:

Purchase  12000 debit

Accounts Payable  12000 credit

--to record purchase--    

Accounts Payable   1200 debit

Returns&Allowance       1200 credit

--to record returned goods--

Purchase  16000 debit

Accounts Payable  16000 credit

--to record purchase--    

Purchase          20000 debit

Accounts Payable  20000 credit

--to record purchase--  

Account Payable    16,000 debit

     Purchase Discount      160 credit

     Cash                        15,840 credit

-to record payment within--

SECOND METHOD:

Purchase  11,760 debit

Accounts Payable  11,760 credit

--to record purchase--    

Accounts Payable   1,176 debit

Returns&Allowance       1,176 credit

--to record returned goods--

Purchase  15,840 debit

Accounts Payable  15,840 credit

--to record purchase--    

Purchase          19,600 debit

Accounts Payable  19,600 credit

--to record purchase--  

Account Payable    16,000 debit

     Cash                        15,840 credit

-to record payment within--

interst expense      216 debit

  account payable         216 credit

--to record interest incurred--

Explanation:

As we use periodic system we calculate the inventory and COGS at the end of the period so we use purchase and returns accounts rather than adjusting inventories in every transactions.

In the second method we use itnerest expense when the discount is loss.

<u><em>interest incurred for the period:</em></u>

(12,000 - 1,200) x 2% = 216

The secodn purchase at the end of the monthcan be paid within discount period therefore, we do not recognize interest expense yet.

3 0
3 years ago
Mostert Music Company had the following transactions in March: Sold music lessons to customers for $12,050; received $6,650 in c
bezimeni [28]

Answer:

Under Cash Basis all transactions for which cash is exchanged whether paid or received is accounted for.

Cash Basis Income Statement

Sales Revenue = $6,650

Customer Deposits = $4,550

Total Revenue = $11,200

Less: Expenses:

Wages              = ($700)

Net Income = $10,500

Under Accrual basis, the transactions are recorded as to the period they relate, and it is not necessary to exchange cash for the same.

Accrual Basis Income Statement

Sales Revenue = $12,050

Total Revenue = $12,050

Expenses

Wages = ($700)

Utilities = ($330)

Total Expenses = ($1,030)

Net Income = $11,020

7 0
3 years ago
Which person(s) should decide upon the problem statement the team will be working toward? The team’s leader
Basile [38]
<span>Which person should decide upon the problem statement the team will be working toward? All group members. All group members should be working towards the problem statement, problems, and anything resulting a team project. The project is in a team format for a reason, so that everyone works together.

</span>
8 0
3 years ago
One of the authors wanted to determine the effect of changing answers on​ multiple-choice tests. she studied the tests given by
Vilka [71]
Ye she’s yensjshiahahs
4 0
3 years ago
Read 2 more answers
Monopoly has social costs because A. P is greater than MC and this implies economic inefficiency. B. too few resources are being
elena55 [62]

Answer:

Option "D" is the correct answer to the following question.

Explanation:

A monopoly usually has all kinds of social costs. Price under monopoly is more than marginal cost, which also often means that society does not have the economic capacity.

In monopoly business, resources are usually used less and other businesses use more resources, which is why monopoly business is usually associated with social interests.

Monopoly businesses produce fewer goods but charge more on those goods because they are the sole producers of the services or goods they produce, so all three options are correct

4 0
2 years ago
Other questions:
  • Daniel wants to buy a laptop computer, and he has $300 in savings. He can purchase a new computer for $279 or a refurbished [rep
    10·2 answers
  • The banking industry A) should have an efficiency advantage in gathering information that would eliminate the need for the money
    15·1 answer
  • Several employees are facing the possibility of being laid off from work. By concluding that they should look for new jobs
    14·1 answer
  • Explain the tradeoffs that people may face when choosing a house or an apartment
    14·1 answer
  • For which of the following types of economies would the factors of production depend on the relative distribution of market forc
    8·1 answer
  • Jerome was preparing to host a graduation party for his friends and relatives when he suddenly realized that he did not have a b
    10·1 answer
  • Assume you are a business consultant. The owner of a company sends you an e-mail expressing concern that the company is not taki
    10·1 answer
  • Two alternate plans are available for increasing the capacity of existing water transmission lines between an unlimited source a
    14·1 answer
  • Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12, and pot r
    6·1 answer
  • An employer hiring in a competitve labor market should hire additional labor as lnog as?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!