Which of the Following Is Not Generally a Cost Posed

question 13

Multiple Choice

Which of the following is not generally a cost posed by inflation?

• A)Inflation reduces the affordability of goods and services to the average consumer.
• B)Consumers and firms lose purchasing power to the extent that money loses value.
• C)Firms must pay for changing prices on products and printing new catalogues.
• D)Banks can lose if they under-predict inflation and charge an interest rate that does not completely compensate for inflation.

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Definitions:

Carver's Model

A governance model created by John Carver that emphasizes the board's responsibility for the organization's purpose, direction, and overall policy.

Sarbanes-Oxley Act

United States federal law enacted in 2002 to protect investors from fraudulent accounting activities by corporations, including stringent record-keeping requirements.

Chief Executive Officer

The highest-ranking executive in a company or organization, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.

Electing Board Members

The process by which individuals are chosen or voted into a board of directors, typically by shareholders or members of the organization, to serve and make decisions on its behalf.