Which of the Following Is an Advantage of Purchasing Technology

question 43

Multiple Choice

Which of the following is an advantage of purchasing technology already available in products or processes?

• A) It is simple to implement and cost-effective.
• B) The technology is proprietary and provides competitive advantage.
• C) It speeds up the purchasing firm's learning curve.
• D) It helps improve the purchasing firm's internal development capabilities.
• E) The purchasing firm gains control and ownership over the desired technology.

Perform bank reconciliation tasks and properly classify adjustments.

Calculate and understand the financial implications of discounting notes receivable.

Understand the criteria for determining reportable segments under GAAP.

Identify components and characteristics of an auditor's report.

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Definitions:

Governments

Organized systems that establish and enforce laws and policies, typically controlling a state, country, or community.

Career Planning

The ongoing process of managing one's work life, including setting career goals and designing a path towards them.

Long-Term Goals

Objectives or targets that an individual, group, or organization aims to achieve over an extended period, typically exceeding one year.

Short-Term Goals

Objectives intended to be achieved in a relatively short period, typically less than one year.