A Routine Technology May Be Characterized By

question 59

Multiple Choice

A routine technology may be characterized by:

• A)Low analyzability and low variety.
• B)High analyzability and low variety.
• C)Low analyzability and high variety.
• D)High analyzability and high variety.

---

Definitions:

Fair Value

The price that would be received for an asset if it were sold today.

Face Value

The face value or monetary amount shown on a financial document, like a bond or share certificate.

Accounts Receivable Turnover

A financial metric indicating how many times a company collects its average accounts receivable balance in a period.

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal, used to evaluate inventory for accounting purposes.