What Does Each Strategic Business Unit (SBU) Within a Firm

question 115

Multiple Choice

What does each strategic business unit (SBU) within a firm have?

• A) advertising consultant
• B) government "watch dog" agency
• C) board of directors
• D) competitors

---

Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenue.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.

Bonds Payable

Long-term liabilities representing money borrowed by an entity that must be repaid to creditors at a future date.

Financing Activities

Transactions related to raising capital, repaying investors, and restructuring the financial basis of the entity in the statement of cash flows.