The Active Practices Such as Concepts,procedures,and Technologies That Are Implemented

question 34

Multiple Choice

The active practices such as concepts,procedures,and technologies that are implemented to produce outputs are the basis for

• A) Inputs
• B) The transformation processes
• C) Outputs
• D) Feedback

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity.

Long-term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term loans, and lease obligations.

Accounts Payable

Obligations owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

Current Ratio

A financial metric that measures a company's ability to pay off its short-term liabilities with its short-term assets, indicating liquidity.