Tangibles Are The

question 27

Multiple Choice

Tangibles are the:

• A) knowledge and courtesy of employees to convey trust and confidence.
• B) ability to perform the promised service dependably and accurately.
• C) willingness to help customers and provide prompt service.
• D) caring and individualized attention provided customers.
• E) appearance of the physical facilities, equipment, personnel, and communication materials.

Distinguish between investing and financing cash flows and their significance in financial analysis.

Recognize the importance of the separate entity assumption in financial reporting.

Understand the significance of the continuity assumption in preparing financial statements.

Understanding corporate social responsibility beyond profit margins.

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Definitions:

Strategic Goal

A long-term, broad aim that an organization seeks to achieve in order to realize its mission and vision.

Growth Targets

Specific objectives set by a business or organization aiming for a certain level of expansion or development within a given timeframe.

Incentive Pay

Financial reward given to employees beyond their regular salary, often based on performance criteria, to motivate and encourage higher productivity.

Downside Risk

The potential for loss or negative outcome in an investment or business situation.