Which of the Following Functions Would NOT Have to Think

question 23

Multiple Choice

Which of the following functions would NOT have to think about "processes"?

• A)Logistics management
• B)Production management
• C)Supply management
• D)Accounting
• E)All of these have to think about "processes."

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Definitions:

Liabilities

Financial obligations or debts owed by a company to creditors or suppliers.

Classified Balance Sheet

A balance sheet that organizes assets and liabilities into categories such as current, fixed, and intangible assets, and current and long-term liabilities.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle, such as accounts payable and short-term loans.

Long-term Liabilities

Debts or obligations that are due to be paid or settled beyond one year or the normal operating cycle of a business.