Which of the Following Is NOT a Reason to Consider

question 57

Multiple Choice

Which of the following is NOT a reason to consider producing in-house?

• A) Protect proprietary technology
• B) Better quality control
• C) Use of idle capacity
• D) Too many competent suppliers

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Current Liabilities

Obligations that a company is expected to pay within one year or within its normal operating cycle, whichever is longer, including accounts payable, short-term loans, and taxes payable.

Noncurrent Liabilities

Obligations of a company not due for settlement within the next 12 months, such as long-term loans, bond payables, and lease liabilities.

Probable Future Payment

An expected financial obligation or expense, often projected based on current contracts, agreements, or identified liabilities.