Which of the Following Is Not an Accurate Statement Concerning

question 64

Multiple Choice

Which of the following is not an accurate statement concerning location decisions?

• A)Location decisions are influenced by the availability of labour.
• B)The starting point for location decision process is developing a list of potential locations.
• C)Location decisions generally involve long-term commitments.
• D)Visiting a number of potential sites is typically part of the location decision process.
• E)An organization's position in the supply chain influences location decisions.

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Definitions:

Accrued Revenues

Revenues earned in one accounting period but not received until a later period.

Adjusting Entry

A journal entry made in accounting records to update the balances of accounts at the end of an accounting period.

Interest Accrued

Interest that has been earned but not yet paid or received, typically recorded as an asset or expense depending on context.

Adjusting Entry

a journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period for accurate financial reporting.