The Macroeconomic Component of a Firm's Business Architecture Includes All

question 2

Multiple Choice

The macroeconomic component of a firm's business architecture includes all of the following elements EXCEPT:

• A)economic growth projections, inflation, and taxes.
• B)industry characteristics.
• C)legal environment.
• D)macroeconomic risk factors.

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Definitions:

Liquidity

The ability of an asset to be converted into cash quickly without significant loss of value, indicating a company's capacity to meet its short-term obligations.

Receivables Turnover Ratio

A measure of how efficiently a company collects cash from its credit sales, calculated by dividing net credit sales by average accounts receivable.

Statement of Financial Position

A financial report that details an organization's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.

Carrying Amount

Carrying Amount is the value at which an asset is recognized in the balance sheet after accounting for depreciation, amortization, or impairment losses.