Internal Processes of the Organization Include All of the Following

question 65

Multiple Choice

Internal processes of the organization include all of the following EXCEPT:

• A)Transactions involving suppliers
• B)Movement of raw materials
• C)Timekeeping and labor management
• D)Sharing of data files among workers

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Definitions:

Equity

Equity represents the ownership value held in an asset or a business by its shareholders or owners, calculated as the difference between the value of the assets and the value of the liabilities.

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Investing Activities

Transactions and events related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.

Acquiring And Disposing

The processes involved in obtaining and getting rid of assets, including purchasing or receiving assets and selling or disposing of them.