Which of the Following Goals Is Not an Example of a Process

question 3

Multiple Choice

Which of the following goals is not an example of a process goal of the typical OE/S process?

• A)to provide timely responses to customer inquiries
• B)to provide timely acknowledgments of customer orders
• C)to provide timely updates to general ledger accounts
• D)to provide timely shipments of goods to customers

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Definitions:

Holding-Period Return

The return on an investment over the period it is held.

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis.

Nominal Rate of Interest

The rate of interest before adjustments for inflation, reflecting the face-value rate of interest paid on a loan or received from an investment.

Inflation Rate

The percentage increase in the price level of goods and services in an economy over a period of time.