The Forces Over Which Management Does Have Some Command Are

question 42

Multiple Choice

The forces over which management does have some command are called:

• A) internal.
• B) controllable.
• C) foreign.
• D) external
• E) two of the above.

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Definitions:

Balance Sheet

A report detailing a business's assets, liabilities, and equity held by shareholders at a certain moment.

Revenue

The total amount of money received by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.

Expense Accounts

Accounts used to record transactions relating to expenses incurred by a business, such as costs for materials, utilities, and salaries.

Common Stock

Equity securities representing ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.