In the Service Sector,________ Rather Than Machines Usually Represent(s)the Capacity

question 38

Multiple Choice

In the service sector,________ rather than machines usually represent(s) the capacity constraint,which underscores the importance of budgeting even in nonmanufacturing organizations.

• A)people
• B)knowledge
• C)familiarity with processes
• D)potential for sales

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Definitions:

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for, typically within a specific period.

Operating Activities

Activities that relate to the primary operations of a company, such as selling products or providing services, as opposed to financing or investing activities.

Investing Activities

Financial transactions involving the purchase or sale of long-term assets and investments.

Net Cash

The amount of cash and cash equivalents minus any liabilities or financial obligations.