Which of the Following Best Describes the ''AAA'' Priority Business

question 63

Multiple Choice

Which of the following best describes the ''AAA'' priority business function of a firm?

• A)This business function,while significant,can be unavailable for up to a few days without causing severe problems.
• B)This business function is critical to the operation of the firm and cannot be unavailable for more than a few hours without causing severe problems.
• C)This business function is extremely critical to the operation of the firm and cannot be unavailable for more than a few minutes without causing severe problems.
• D)This business function can be unavailable for several days in times of a major disaster without causing major problems.

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Definitions:

Materials Traceable

Raw materials or components that can be directly associated with a specific product or cost object in the manufacturing process.

Specific Products

Items or goods that have specific characteristics or purposes, distinguishing them from more general or broader categories of products.

Direct Costs

Expenses that can be directly tied to the production of specific goods or services, such as raw materials and labor directly involved in manufacturing.

Management Process

The series of actions and strategies that managers use to achieve organizational goals, including planning, organizing, leading, and controlling.