The Greater the Number of Business Units in a Company's

question 36

Multiple Choice

The greater the number of business units in a company's portfolio, the ____ it is for corporate managers to understand the complexities of each business.

• A) easier
• B) more difficult
• C) less important
• D) less expensive
• E) more meaningless 

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Definitions:

Efforts

Efforts are the physical or mental exertions applied by individuals or groups to achieve specific tasks or goals, often related to work or projects.

Accomplishments

Achievements or completed goals that reflect an individual's or organization's success in various areas.

Revenue Recognition

An accounting principle that outlines the specific conditions under which revenue is recognized and recorded.

Adjusting Entry

An adjusting entry is a journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the correct period.