Which of the Following Is Not a Production Support Activity

question 57

Multiple Choice

Which of the following is not a production support activity?

• A) Maintenance
• B) Marketing
• C) Production planning
• D) Quality control

Evaluate the average collection period for accounts receivable.

Assess the financial health through acid-test ratio and working capital analysis.

Understand how to calculate and interpret inventory turnover.

Calculate and interpret current ratio.

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Definitions:

Induced Consumption

Induced consumption is the portion of consumer spending that increases with an increase in disposable income.

Disposable Income

The finance available to households for expenditures and saving after reducing income taxes.

Disposable Income

Money that households can earmark for spending and saving after income taxes are considered.

Consuming Too Much

Consuming too much refers to the act of using or buying more resources or products than are needed, often leading to waste and potential environmental and economic consequences.