Which of the Following Is NOT a Major Form of Operations

question 88

Multiple Choice

Which of the following is NOT a major form of operations control discussed in the text?

• A)Preliminary
• B)Screening
• C)Postaction
• D)Functional
• E)All of these are major forms of operations control.

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Definitions:

Percentage Rise

A measure of how much a quantity increases over a period, expressed as a percentage of the initial value.

Equation of Exchange

An economic formula representing the relationship between the money supply, its velocity, the price level, and the number of transactions in an economy: MV = PQ.

Economy Output

The total value of all goods and services produced by an economy over a specific time period, also known as gross domestic product (GDP).

Equation of Exchange

The Equation of Exchange is an economic identity that relates the supply of money in an economy to the value of goods and services transactions, commonly represented as MV = PQ.