Which of the Following Is NOT a Reputational Resource

question 108

Multiple Choice

Which of the following is NOT a reputational resource?

• A) Customer opinion that the firm's product are high quality.
• B) Employees viewing the firm as a terrible place to work.
• C) Suppliers' opinion that the firm pays its bills in a timely manner.
• D) Customer opinion that using the firm's product makes them attractive.

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Definitions:

Monetary Unit Assumption

An accounting principle that assumes money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis.

GAAP

Stands for Generally Accepted Accounting Principles; these are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Corporation

A legal entity owned by shareholders, recognized as a separate entity from its owners, with rights and liabilities distinct from those of its members.

Transferable Shares

Shares that can be transferred from one party to another, typically without restriction.