Which of the Following Is Not Considered a Principle of Innovation

question 44

Multiple Choice

Which of the following is not considered a principle of innovation?

• A)being action oriented
• B)starting big
• C)investing in securities
• D)aiming low

---

Definitions:

LIFO

Last In, First Out, an inventory accounting method where the last items placed in inventory are the first ones to be used or sold.

Ending Inventory

Products' value that is available for transaction at the culmination of an economic period.

Merchandise Inventory

Goods held by a business for the purpose of resale to customers in the ordinary course of business.

Incidental Costs

Minor or secondary expenses associated with a larger primary transaction, often unpredictable or non-recurring in nature.