Which of the Following Is the Best Example of an Activity

question 130

Multiple Choice

Which of the following is the best example of an activity that would be undertaken by an entrepreneur?

• A) Buying and selling of stocks and bonds.
• B) Starting a new business.
• C) Working on an assembly line.
• D) Running for political office.

Understand the essential considerations and elements involved in altering the supply chain process.

Familiarize with the SCOR model and the metrics used to measure supply chain performance.

Comprehend the concept and stages of the "order-to-cash" cycle.

Recognize the four major categories used to examine logistics and supply chain performance.

---

Definitions:

Capital Lease

A lease agreement in which the lessee essentially acquires all the benefits and risks of ownership of the asset, even though legal title may not be transferred.

Lease Inception

The beginning date of a lease agreement when all terms and conditions are established and the lease becomes effective.

Constructive Capitalization

An accounting method that records a leasing agreement as a purchase and leaseback transaction for financial reporting purposes.

Capital Leases

Leases that are recognized by the lessee as an asset and liability on the balance sheet, based on the assumption that it involves the transfer of ownership over the lease term.