Which of the Following Is Not a True Statement About

question 14

Multiple Choice

Which of the following is not a true statement about value webs?

• A)Value webs involve a collection of independent firms that use information technology to coordinate their value chains.
• B)Value webs are more customer-driven than traditional value chains.
• C)Value webs operate in a less linear fashion than traditional value chains.
• D)Value webs are inflexible and cannot adapt quickly to changes in supply and demand.
• E)Value webs involve highly synchronized industry value chains.

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Definitions:

IAS 17

An International Accounting Standard that prescribes the accounting policies and disclosures applicable to leases for both lessees and lessors.

Capitalized Lease

A lease treated as an asset purchase for accounting purposes, with the asset being capitalized on the balance sheet.

Financial Statements

These are records that provide an overview of a company's financial condition in both short and long term. They include the balance sheet, income statement, and cash flow statement.

Lease Alternative

This term could refer to the option of leasing as opposed to purchasing an asset, often evaluated to determine the most cost-effective method of acquiring the asset.