________ Utility Adds Value to Goods by Having Them Available

question 281

Multiple Choice

________ utility adds value to goods by having them available where people want them.

• A) Spatial
• B) Location specific
• C) Place
• D) Geographic

Explain the role of internal documentation and procedures in safeguarding assets.

Calculate and analyze days' sales uncollected to evaluate a company's receivables management.

Determine the strength or weakness of a company's internal control environment.

Recognize the importance of a petty cash system and its management.

---

Definitions:

Job Satisfaction

The level of contentment employees feel regarding their job, which can impact their motivation, performance, and likelihood of remaining with the company.

Job Sharing

An employment arrangement where two or more individuals share the responsibilities and duties of a single full-time job.

Retirement

The period in one's life after concluding professional or working life, often marked by receiving pensions.

Job Enrichment

A strategy employed by organizations to enhance job roles with more meaningful tasks and responsibilities, aiming to increase employee motivation and satisfaction.