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ACCA MA · Chapter 9 · Question 3 of 11

Which characteristic of services means that a service cannot be stored for future use?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Perishability

Explanation

Perishability means a service cannot be stored: an empty seat on today's flight cannot be sold tomorrow. Intangibility means a service has no physical form, heterogeneity means quality can vary each time, and simultaneity means it is produced and consumed at the same time.

All 11 questions in Chapter 9Service costing and alternative costing principles MCQs with answers

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