_____ Are Relatively Permanent and Are Necessary for the Functioning

question 68

Multiple Choice

_____ are relatively permanent and are necessary for the functioning of the business.

• A) Trade credits
• B) Fixed assets
• C) Current assets
• D) Accounts receivables

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Definitions:

Ideal Goals

Objectives or aims that represent a perfect or most desirable outcome, often used as benchmarks for success or aspiration.

Frugal Heuristics

Cognitive shortcuts or rules of thumb that simplify decision making.

Effective Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions to achieve a goal.

Thoughtful Deliberation

A process of carefully considering and reflecting on various options or aspects of a situation before making a decision.