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Which of the following is NOT one of the three major activities of management by walking around (MBWA) ?
Annual Impairment Test
A review conducted yearly to determine if an asset's carrying value exceeds its recoverable amount, leading to an adjustment if necessary.
Tax-loss Carryforwards
A provision in the tax code that allows an individual or company to use losses from one year to offset future profits for tax purposes.
External Growth
Expansion of a company's operations through acquisitions, mergers, or partnerships, rather than through organic growth.
Avoid Paying Dividends
Strategies employed by companies to retain earnings instead of distributing them to shareholders as dividends, often to reinvest in the business or improve balance sheet health.
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