Partial Income Statements of Company a and Company B Are

question 125

Multiple Choice

Partial income statements of Company A and Company B are provided below:
Company A

Company B

Which of the following statements is true?

• A)Company A is a merchandising company.
• B)Company B is a manufacturing company.
• C)Company A is a manufacturing company.
• D)Company A is a service company.

---

Definitions:

Technological Innovation

The process of developing and applying new technologies to create value or solve problems.

Outsourcing

The business practice of hiring a third party to perform services, handle operations or provide goods that are either cost-prohibitive or not within the company's core competencies.

Employment At Will

A legal doctrine in some jurisdictions that allows an employer to terminate employees at any time for any reason, except an illegal one, or for no reason without incurring legal liability.

Due-Process Policy

Regulations that guarantee company procedures will be conducted fairly, especially concerning disciplinary actions against employees.