As the Firm Expands, the Spontaneous Increase in Which of the Following

question 14

Multiple Choice

As the firm expands, the spontaneous increase in which of the following is a source of finance?​

• A) ​equipment
• B) ​inventory
• C) ​accounts payable
• D) ​accounts receivable

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Definitions:

First-line Managers

Managers at the lowest level of an organization's hierarchy, directly supervising staff and overseeing day-to-day operations.

Productivity Efficiency

A metric that measures how effectively resources, such as labor and materials, are being used to produce goods and services.

Effective

Effective describes the degree to which something achieves its intended outcome, result, or success.

Chief Financial Officer

The executive responsible for managing the financial actions of a company, including financial planning, management of financial risks, and financial reporting.