In the Portfolio Matrix,characteristics of Goods and Services in the Leverage

question 6

Multiple Choice

In the portfolio matrix,characteristics of goods and services in the leverage quadrant are:

• A)few suppliers with adequate capability so substitution and switching are difficult.
• B)item substitution is possible,switching is difficult,many suppliers are available.
• C)item substitution and supplier switching are possible,but few suppliers are capable.
• D)competitive supply market,substitution is possible,total cost is a primary focus.
• E)competitive supply market,substitution is possible,price per unit is important.

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Definitions:

Permanent Accounts

These are balance sheet accounts whose balances are carried forward from one accounting period to the next, including assets, liabilities, and equity accounts.

Accounting Cycle

A series of steps followed by an organization to track and process financial transactions, from the initial transaction to its inclusion in the financial statements.

Next Accounting Period

The future timeline or interval for which financial records will be prepared and analyzed, immediately following the current reporting period.