In Which of the Following Instances Will a Business Continually

question 5

Multiple Choice

In which of the following instances will a business continually be in crisis,dealing with one process emergency after another?

• A) when the organization plans to develop the business process
• B) when an organization actively seeks to change business processes
• C) when the organization waits and lets the need for change just happen to them
• D) when the organization plans to update its business process

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Definitions:

Financing Activities

Actions leading to alterations in the magnitude and structure of a corporation's equity and debt.

Statement of Cash Flows

An accounting summary that shows the overall cash received by a business from its operational activities and investment income, and the cash expended on its business processes and investment opportunities during a set period.

Cash Payment

The process of settling a debt or completing a purchase with the exchange of physical money or through electronic funds.

Interest

The cost of borrowing money or the earnings from lending money, typically expressed as a percentage of the principal.