Refer to the Scenario Below to Answer the Questions That

question 146

Multiple Choice

Refer to the Scenario below to answer the questions that follow.
Environmental Uncertainty (Scenario)
It is safe to say that managers do not have complete control over organizational outcomes; the environment has a significant impact.It is important for managers to learn both what the components of the environment are and how the environment will affect their organizations.
-An Internet-based company that is facing many new competitors and frequent technological breakthroughs is operating in what kind of environment?

• A)divergent
• B)static
• C)flexible
• D)dynamic
• E)stable

Identify the types of datums and their roles in the design and manufacturing processes.

Comprehend how datums are designated and utilized in drawings and practical applications.

Recognize the importance of geometric tolerances in relation to datums.

Understand the principle of contact points between a part and datum planes during measurement or assembly.

---

Definitions:

Income Summary

An account to which all revenues and expenses are transferred at the end of an accounting period to compute the net income or loss for the period.

Withdrawals Account

An account in bookkeeping where amounts drawn out from the business by the owner for personal use are recorded.

Revenue Account

An account that tracks the income earned by a company from its operational activities, excluding expenses.

Fees Earned Account

An income account that records the revenue earned from services provided or fees charged.