The Terra Vista Airport is a small airport frequently used by people who love skydiving. To help keep costs in line, the airport now charges its customers a small parking fee. At one time, the cost of parking at the airport was included in the price of the jump. What is Terra Vista Airport using?
a. unbundling
b. professional services pricing
c. potential (or base) pricing
d. price maintenance
Ans: a. unbundling
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The AICPA committee on assurance services has identified a professional service called ElderCare (PrimePlus) services. One fundamental purpose of this assurance service is to assist the elderly and their families by
a. Investing the funds of the elderly person b. Reporting whether specified objectives are being met by caregivers c. Choosing caregivers d. Performing operational audits of healthcare providers
When a broker pays an unlicensed party for an introduction to a buyer or seller, it is called a finder's fee and is:
A. only legal if the recipient is a real estate licensee B. legal if an attorney draws up a finder's fee agreement C. legal D. legal if the recipient is an escrow company