A merchandising business buys products from other businesses to sell to customers.

Merchandising Business

A business that buys goods in a ready-to-sell form and earns revenue by selling these goods to customers.

Products

Items or services that are created or provided by a business for sale to customers.

Customers

are individuals or entities that purchase products or services from a business.

Distinguish among various business models (manufacturing, merchandising, and service) and their specific requirements for accounting.

Verified Answer

Final Answer :

True

Explanation :

A merchandising business does indeed buy products from other businesses to sell to customers.

Learning Objectives

Distinguish among various business models (manufacturing, merchandising, and service) and their specific requirements for accounting.