Which of the Following Is a Short-Run Adjustment

question 98

Multiple Choice

Which of the following is a short-run adjustment?

• A)Toyota builds an automobile plant in Kentucky.
• B)Faced with increasing enrollment, a private college builds a new School of Business building.
• C)Because of staggering losses, three insurance companies exit the industry.
• D)People's Bank hires two new tellers to meet increased demand for customer services.
• E)Shaveco enters the razor blade market with a new product, produced in the United States.

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Definitions:

Issued New

Typically refers to the process of distributing newly created shares, bonds, or other financial instruments by a company.

QuickBooks Online

A cloud-based accounting software designed for small and medium-sized businesses to manage invoices, payroll, and other aspects of their finances online.

QuickBooks Desktop

Accounting software installed on a personal computer or network, offering a wide range of financial management features including invoicing, bill payments, and payroll processing for businesses.

Ongoing Basis

A term indicating that an action or process is continuous or repeatedly occurs at regular intervals.