Long-Term Capacity Planning Decisions Such as the Purchase of a New

question 23

Multiple Choice

Long-term capacity planning decisions such as the purchase of a new machine or construction of a new facility typically ______.

• A)call for significant outlays of capital
• B)require approval from the supervisor of each shift
• C)need to be cleared by the government
• D)can be decided only by the board of directors

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Definitions:

Tariff

A tax imposed by a nation on an imported good.

Excise Tax

An excise tax is a tax levied on the sale of specific goods or services, such as tobacco, alcohol, and fuel, often intended to discourage their use or generate revenue.

Imported Good

A product or service brought into one country from another for the purpose of selling it.

Government Payment

Financial transfers from the government to individuals, organizations, or other governmental units.