Which of the Following Is Not Correct with Regard to Goods

question 31

Multiple Choice

Which of the following is not correct with regard to goods and services?

• A) Goods and services do not include services provided by the organization's employees as these are not external goods or services.
• B) Goods and services are purchased to meet an organization's needs.
• C) In recent years, considerable debate has brewed over how much competition organizations should foster among their vendors.
• D) While organizations commonly use only one accounting firm, they have traditionally dealt with larger numbers of raw materials and merchandise vendors.

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Definitions:

Inverted

Turned upside down or inside out; in a context of sequences, means having the order reversed.

Macula

A specialized central region of the retina responsible for high-acuity vision.

Electromagnetic Spectrum

The electromagnetic spectrum encompasses all types of electromagnetic radiation, from gamma rays to radio waves, differing in wavelength and frequency.

Olfactory Adaptation

The temporary, normal decline in the sensitivity of the olfactory system after exposure to an odor.