Which of the Following Is NOT Considered a Favorable Attribute

question 68

Multiple Choice

Which of the following is NOT considered a favorable attribute of firms by Peter Lynch?

• A) Firm's product is not faddish.
• B) Firm has a sustainable comparative competitive advantage over its rivals.
• C) Firm's industry or product has market stability.
• D) Firm can benefit from cost reductions.
• E) All of these are correct (that is, all of these are considered favorable attributes by Peter Lynch).

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Definitions:

Accounts Receivable-Digitec

The money owed to Digitec by its customers for goods or services that have been delivered or used but not yet paid for.

Invoice No.

A unique identifier for an invoice document that facilitates tracking of sales and payments.

Fiscal Period

A specific duration of time used for accounting purposes, such as a month, quarter, or year, over which financial records are kept.

Accounts Payable

Liabilities owed by a business to its suppliers or vendors for goods and services purchased on credit.