Which of the Following Is NOT an Example of a Nonphysical

question 6

Multiple Choice

Which of the following is NOT an example of a nonphysical constraint?

• A) low product demand
• B) Associated with the capacity of a resource
• C) inefficient management policy
• D) anything environmental or organizational

Discern personal suitability and traits valuable for a career in medical assisting.

Learn about the organizations offering certification and continuing education requirements for medical assistants.

Understand the importance of professional behavior and good grooming in healthcare settings.

Understand the importance of professionalism in healthcare settings.

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Definitions:

Cash Cycle

The period of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.

Inventory Turnover Rate

Inventory turnover rate measures how often a company sells and replaces its stock of goods during a certain period, indicating the efficiency of inventory management.

Collection Period

A financial metric that indicates the average number of days it takes a company to collect payments from its credit sales, essentially a detailed aspect of collection time with focus on receivables.

Accounts Receivable Balance

The accounts receivable balance is the total amount owed to a company by its customers for goods or services delivered on credit but not yet paid for.