A Company That Has Competitive Assets That Are Central to Its

question 119

Multiple Choice

A company that has competitive assets that are central to its company strategy and superior to those of rival firms creates a

• A)long-term derivative strategy.
• B)cash flow feasibility analysis.
• C)competitive advantage over other companies.
• D)resource deployment strategic plan.
• E)cost underestimation and benefit overestimation.

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Definitions:

Service Revenue

Revenue generated from the provision of services to customers.

Accounts Receivable

Accounts Receivable refers to the money owed to a company by its customers for products or services delivered or used but not yet paid for.

Trial Balance

A bookkeeping report that lists the balances of all ledger accounts to verify that total debits equal total credits.

Asset

An economic resource owned or controlled by an individual or entity that is expected to produce future benefits.