Which of the Following Statements Is Correct When Considering a SWOT

question 107

Multiple Choice

Which of the following statements is correct when considering a SWOT analysis?

• A) Strengths and weaknesses originate outside an organization.
• B) Opportunities and threats originate outside an organization.
• C) Strengths and threats originate inside an organization.
• D) Opportunities and weaknesses organization outside an organization.

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Definitions:

FIFO Method

"First In, First Out," an inventory valuation method where goods purchased or manufactured first are sold or used first, affecting the cost of goods sold and ending inventory valuation.

Cost of Goods Sold

The expenses directly linked to the manufacturing of goods a company sells.

Specific Invoice

An itemized bill showing quantities, descriptions, prices, and terms of products and services provided by a seller to a buyer.

Ending Inventory

The total value of all unsold goods remaining at the end of an accounting period.