Operating Decisions Primarily Deal With

question 101

Multiple Choice

Operating decisions primarily deal with:

• A)the use of scarce resources
• B)how to obtain funds to acquire resources
• C)acquiring equipment and buildings
• D)satisfying stockholders

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Definitions:

Catering Supplies

Products and materials used by companies and services that provide food and drink for events, meetings, and parties.

Corporate Function

Roles and activities that support an organization's overall objectives and strategic goals, typically not linked to producing goods or services.

Planning Budget

A budget created for a specific period in the future, outlining expected revenue, expenses, and resource needs.

Vehicle Operating Cost

The total expense associated with maintaining and running a vehicle, including fuel, maintenance, insurance, and depreciation.