Which of the Following Statements Is False When a Company

question 115

Multiple Choice

Which of the following statements is false when a company sells inventory costing $900 for $1,500 cash?

• A)Current assets increase $600.
• B)Gross profit increases $1,500.
• C)Stockholders' equity increases $600.
• D)Net sales increases $1,500.

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Definitions:

Systematic Change

Planned and structured modifications made in a system to improve processes, technologies, or structures.

Work Redesign

This refers to the process of altering job roles, workflows, or organizational structures to improve efficiency, employee satisfaction, and adaptability.

Work Process

The sequence of activities or tasks that are conducted to achieve a specific outcome or product in an organizational setting.

Workforce Reduction

Strategies employed by organizations to decrease the number of employees, typically through layoffs, voluntary retirement, or attrition, to reduce costs or adjust to structural changes.