Operations Restructuring Involves

question 44

Multiple Choice

Operations restructuring involves:

• A)improving the working-capital-to-sales relationship
• B)postponing due dates for interest and principal payments
• C)selling off fixed assets
• D)cutting costs relative to the venture's revenues

---

Definitions:

Contractual Obligation

A duty or responsibility that is legally binding under the terms of a contract.

Obvious Terms

Conditions or elements in an agreement or contract that are clear and unmistakable to all parties involved, often not needing explicit statement or detailed explanation.

Quasi Contract

A fictional contract imposed on parties by a court in the interests of fairness and justice; usually, quasi contracts are imposed to avoid the unjust enrichment of one party at the expense of another.

Imposed

Enforced or applied by authority or necessity, often referring to laws, taxes, or penalties that are set upon individuals or entities.