Which of the following statements is true?

Question

Quizplus · Accepted Answer

The definition of a service business is one that provides services to customers, therefore, the revenue activities of a service business involve providing services to customers. Option B is incorrect because the revenue activities of a retail business involve selling products, not building them. Option C is incorrect because service businesses do not typically build products. Option D is incorrect because although retail businesses may provide some services to customers (such as assistance with purchases), their primary revenue activities involve selling products.

Which of the Following Statements Is True