Maintaining a General Ledger Is an Example of A(n)________ Activity

question 11

Multiple Choice

Maintaining a general ledger is an example of a(n) ________ activity.

• A)supply chain
• B)accounting
• C)human resources
• D)manufacturing

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Definitions:

Plausible

Seeming reasonable or probable under the circumstances.

Production Function

A mathematical model that describes the relationship between inputs used in production and the resultant output.

Maximum Output

The highest amount of production that a company can achieve within a given period with the available resources.

Inputs

The resources, materials, and labor that are used in the production process to create goods and services.