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otez555 [7]
3 years ago
9

Distinct characteristics of service operations include which of the following?

Business
1 answer:
myrzilka [38]3 years ago
8 0

Answer:

Letter e is correct.<u> All of the above except (b).</u>

Explanation:

A service is a set of activities whose objective is to satisfy some human need without the presence of a material good.

Service providers constitute the tertiary sector in economics, so there is a need for the development and improvement of service techniques so that the sector meets the demands of customers.

Some characteristics that define a service are:

Intangibility: Services are intangible processes and ideas, so the consumer is influenced by the reputation of a company, brand or service for the ideal choice.

Heterogeneity: The service varies from customer to customer. It is not possible to offer exactly the same service every time, often due to outsourcing in companies.

Simultaneity: Services are consumed at the same time they are created.

Customer participation in the process: There is an integration between the customer and the service provider, so there are opportunities for service production with customer participation.

Perishability: Services cannot be stored, if they are not consumed it is lost.

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kvasek [131]

Answer:

Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?

Explanation:

4 0
2 years ago
Read 2 more answers
The balance sheet of Hidden Valley Farms reports total assets of $450,000 and $550,000 at the beginning and end of the year, res
hoa [83]

Answer:

Hidden Valley's Asset Turnover = 1.6

Explanation:

Average Total Asset = (Total Assets at the beginning of the year + Total Assets at the end of the year)/2

Average Total Asset = (450,000+550,000)/2

Average Total Asset = 1,000,0000/2 = 500,000

Asset Turnover = Net Sales / Average Total Asset

Asset Turnover = 800,000/500,000

Asset Turnover = 8/5

Asset Turnover = 1.6

7 0
3 years ago
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​Electric, Inc. was incorporated on January​ 1, 2016. Electric issued​ 4,000 shares of common stock and​ 1,200 shares of preferr
S_A_V [24]

Answer:

$57,600

Explanation:

The computation of the total amount paid to preferred shareholders are shown below:

= Number of shares for preferred stock × par value × dividend rate × number of years

= 1,200 shares × $100 × 12% × 4 years

= $57,600

In case of cumulative, the number of years would be four years for dividend paid

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Cost of Merchandise Sold
galben [10]

Answer:

$441,000

Explanation:

The computation of the cost of merchandise sold is shown below:

Cost of merchandise sold = Opening inventory + net purchase - ending inventory

where,

Opening inventory  = $14,500

Net purchase is

= $475,000 - $15,000 - $9,000 + $7,000

= $458,000

And, the ending inventory is $31,500

So, the cost of merchandise sold is

= $14,500 + $458,000 - $31,500

= $441,000

4 0
3 years ago
Which of the following statements is normative? Group of answer choices Congress gives certain business corporations tax breaks.
fredd [130]

Answer: Congress gives too many tax breaks to corporations.

Explanation:

Normative statements are said to be statement of opinion and not fact.

Option D is therefore a normative statement because it is the opinion of the speaker that congress gives too many tax breaks because from a neutral standpoint, it cannot be said with certainty the number of tax breaks that will be considered too much.

The other options are statements of fact.

8 0
3 years ago
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