Which of the Following Require Adjustments When Forecasting Asset Needs

question 117

Multiple Choice

Which of the following require adjustments when forecasting asset needs as a percent of sales?

• A) If assets must be purchased in large, discrete quantities
• B) When the firm has excess capacity.
• C) When assets can be leased rather than purchased.
• D) Both A & B.

---

Definitions:

Organizational Productivity

The measure of how efficiently and effectively a company or organization utilizes its resources to achieve its goals.

Job Description Approval

The process by which a job description is formally reviewed and ratified by relevant authorities or departments within an organization.

Supervisory Approval

The process of obtaining formal consent or agreement from a supervisor or higher authority within an organization, often required for implementing decisions or changes.

Job Analysis Information

Information gathered about a job, including duties, responsibilities, necessary skills, outcomes, and work environment, used for hiring and training.