According to the Text, There Are Six Forms of Capital

question 2

True/False

According to the text, there are six forms of capital

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Definitions:

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.

Buying Division

A segment within a company responsible for purchasing products, materials, and services required for the company’s operations.

Transferred Item

Goods that are moved from one process, department, or location to another within the same company.

Outside Supplier

A third-party entity that provides goods or services to a business.