________ Entails Reducing the Business Portfolio by Eliminating Products That

question 148

Multiple Choice

________ entails reducing the business portfolio by eliminating products that no longer fit the company's overall strategy.

• A)Market segmentation
• B)BCG
• C)Product line extension
• D)Downsizing
• E)Market redesign

---

Definitions:

Adjusting Journal Entries

Entries made in the accounting records to correct errors or allocate income and expenses to the correct periods.

Journal Entry Icon

A graphical representation or shortcut in software, used to access the feature where financial transactions are manually recorded.

Trial Balance

A bookkeeping report that lists the balances of all ledgers and accounts to check that debits equal credits in the double-entry accounting system.

Adjustments

Adjustments in accounting refer to entries made in journal accounts at the end of an accounting period to correct and allocate incomes and expenditures accurately.