Assets That Are Used in the Operation of a Business

question 46

True/False

Assets that are used in the operation of a business are called temporary investments.

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Definitions:

Structured

Organized in a clear, systematic way, often with a set format or pattern.

Authoritarian

A management approach where a single person makes all the decisions without much contribution from the team members.

Hierarchical

A system in which people or groups are ranked one above the other according to status or authority.

Initiative

the ability to assess and initiate things independently, often leading to new ideas or actions without being directed.