Multiple Choice
C & C Power Lines is a subcontractor that works on public utilities.Which of the following is a key characteristic that makes it distinctively a service company?
A) It does not maintain inventories.
B) Its products are tangible.
C) Its product costs appear below the line in computing gross margin.
D) All of its costs are period costs.
Correct Answer:
Verified
Correct Answer:
Verified
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