The Key to Sustaining Competitive Advantage Is___________

question 26

Multiple Choice

The key to sustaining competitive advantage is___________ .

• A) faster computers with more memory
• B) using information technology to continuously improve and support the core functions of a business
• C) the Internet
• D) the ability of the managers to delegate
• E) how important the company's culture perceives conceptual skills

Recognize the chronological nature of the journal as a transaction record.

Identify the role of source documents in evidencing transactions.

Understand the correct order of debiting and crediting accounts in journal entries.

Interpreting the effect of various transactions on total assets, liabilities, shareholders' equity, including dividends.