The Finance Department of Lewis & Sons Only Accounts for 10

question 32

Multiple Choice

The finance department of Lewis & Sons only accounts for 10% of the employees,but wields the decision-making power and controls resources and information.As a result,the finance department of Lewis & Sons is considered to be a ________.

• A)determinant group
• B)majority group
• C)secondary group
• D)minority group
• E)model minority

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Definitions:

Short-Term Debt

Financial obligations that are due for repayment within one year from the current date.

Debt Financing

Raising capital through borrowing money that must be repaid over time, with interest, typically through loans or the issuance of bonds.

Sound Financial Foundation

A stable and healthy financial status characterized by manageable debt levels, strong cash flow, and sufficient reserves for future needs.

Debt Worthy

A term indicating an individual or organization's capability and reliability in repaying borrowed money, often assessed by creditworthiness.