Which of the Following Is NOT a Guideline Proposed for Successful

question 31

Multiple Choice

Which of the following is NOT a guideline proposed for successful downsizing?

• A) Contract out work that others can do cheaper.
• B) Plan for long-run efficiencies.
• C) Make across-the-board cuts.
• D) Communicate the reasons for actions.
• E) Invest in the remaining employees.

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Definitions:

Purchases Returns & Allowances

Purchases Returns and Allowances are reductions in the cost of purchases due to returning goods or granting allowances for defective or unsatisfactory goods.

Sales Discounts

Sales discounts are reductions in the selling price offered to customers, often as an incentive for early payment or bulk purchases.

Inventory Balance

The value of goods available for sale at the end of an accounting period.

Plant, Property

Long-term tangible assets owned by a business, used in operating activities, and not expected to be consumed or converted into cash short term.