Building Plants, Management Structuring, and Grouping Employees Are Examples of

question 51

Multiple Choice

Building plants, management structuring, and grouping employees are examples of

• A) executional activities.
• B) structural activities.
• C) operational activities.
• D) both a and b.

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Definitions:

Long-Term Debt

Borrowings of a business that are due for repayment more than one year in the future.

Sales Tax Rate

The percentage of sales price that is added to the price of goods and services sold, collected by the seller and remitted to a governmental tax authority.

Total Receipts

The total amount of cash received by a company during a specific period, including all sources of income.

Sales Tax Rate

The percentage of tax charged on the sale of goods and services, which is collected by merchants and passed on to the government.