Which of the Following Is Not Among the Chief Reasons

question 1

Multiple Choice

Which of the following is not among the chief reasons organizations fail?

• A)overemphasis on short-term financial performance
• B)emphasizing labor productivity in labor-intensive environments
• C)poor internal communications
• D)not investing in capital and human resources
• E)overemphasis on product (or service)design

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Definitions:

Electronic Funds Transfer

A system that allows the transfer of money between accounts via electronic signals, eliminating the need for physical checks.

Deposits In Transit

Funds that have been received and recorded by a business, but not yet processed or recorded by the bank.

Timing Difference

Differences between when transactions affect the book balances and bank balances, often seen in accounting reconciliations.

Credit Memo

A document issued by a seller to a buyer, reducing the amount that the buyer owes to the seller under the terms of an earlier invoice.