Which of the Following Is a Short-Run Adjustment

question 98

Multiple Choice

Which of the following is a short-run adjustment?

• A)Toyota builds an automobile plant in Kentucky.
• B)Faced with increasing enrollment, a private college builds a new School of Business building.
• C)Because of staggering losses, three insurance companies exit the industry.
• D)People's Bank hires two new tellers to meet increased demand for customer services.
• E)Shaveco enters the razor blade market with a new product, produced in the United States.

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Definitions:

Invoice Date

The date on which an invoice is issued, indicating when the transaction occurred.

Credit Period

The duration during which a customer can defer payment for goods or services without incurring additional charges.

Net Payment

The total amount paid or to be paid after deductions like taxes or discounts have been applied.