Accounting Can Help Your Business in All of the Following

question 110

Multiple Choice

Accounting can help your business in all of the following ways except:

• A)by revealing whether you made a profit.
• B)by permitting you to play what-if games to determine your profit under different assumptions.
• C)by legalizing your financial records.
• D)by showing the value and sources of your assets.

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Definitions:

Alternatives

Other options or choices available to businesses or individuals when making decisions, reflecting the diversity of possible approaches or solutions.

Substitute

A person or thing acting in place of another, often used in the context of replacing an original item or role with an alternative.

Threat

A possible danger that might exploit a vulnerability to breach security and cause possible harm to a system or organization.

Supplier Power

The influence that suppliers have over the potential profits of the businesses they sell to, high supplier power can influence the terms and conditions of supplying goods and can affect price settings.