The Necessary Condition(s)to Realize Economies of Scale Include

question 75

Multiple Choice

The necessary condition(s) to realize economies of scale include

• A)having the financial resources for the high capital costs.
• B)having sufficient demand for the product.
• C)both financial resources for the high capital costs and sufficient demand for the product.

Recognize the importance of collecting data from multiple sources during an assessment.

Comprehend the concept and significance of performance-based assessment in measuring real-life skills and abilities.

Understand the personality differences among cell phone users.

Identify cultural differences between individualism and collectivism.

---

Definitions:

Pounds Sterling

The official currency of the United Kingdom.

Temporal Method

A method of currency translation in accounting where foreign currency balances are translated to the reporting currency using exchange rates depending on the timing of the original transaction.

Brazil Reals

The official currency of Brazil, denoted as BRL and symbolized as R$.

Temporal Method

An exchange rate conversion method that uses specific rates depending upon the timing of the original acquisition of assets and liabilities.