Which of the Following Is Not a Tactic That Falls

question 43

Multiple Choice

Which of the following is not a tactic that falls within the piecemeal productivity improvements turnaround strategy?

• A) speeding up collection of receivables.
• B) improving business processes by re-engineering them.
• C) reducing R&D and marketing expenses.
• D) increasing capacity utilization.

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Definitions:

Accounts Payable

Short-term liabilities a company owes to its creditors for goods and services purchased on credit.

Correcting Entry

An accounting entry made to amend errors found in the financial statements after they have been finalized.

Balance Incorrectly

An error condition where the totals of the debit and credit sides of an account (or the entire accounting ledger) do not match.

Trial Balance Preparation

The process of summarizing all the financial transactions in a company's general ledger accounts to ensure debits equal credits.