Answer:
e. It effectively separates the back office and the front office so each can focus on their own tasks in order to optimize their departmental performance.
Explanation:
- A service system is one that is focused on the growth of technology and information system. It's designed to give services that meet the expectations, needs, and wants of clients.
- It is apart of service management, sued in service operations, and found in service marketing. It's designed for client contact, capital flows, and the level of customer involvement.
<span>Imagine
an economy in which:
(1) pieces of paper called yollars are the only
thing that buyers give to sellers when they buy goods and services, so
it would be common to use, say, 50 yollars to buy a pair of shoes;
(2)
prices are posted in terms of yardsticks, so you might walk into a
grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for
more than 24 hours.
In this economy, the yardstick is a unit of account but it cannot serve as a store of value.</span>
Answer:
Date Account titles and Explanation Debit Credit
Dec 31 Sales return and allowance $600
Sales refund payable $600
($900 - $300)
(To record the expected refund of sales)