Which of the Following Is Not True Regarding Core Competencies

question 34

Multiple Choice

Which of the following is not true regarding core competencies?

• A) They may include specialized knowledge.
• B) They may represent a small portion of an organization's business activities.
• C) They may include proprietary technology or information.
• D) They may be good candidates for outsourcing.
• E) They may include unique production methods.

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Definitions:

Stockholders' Equity Accounts

Accounts on a company's balance sheet that represent the ownership interest of shareholders, including common stock, retained earnings, and additional paid-in capital.

Credits

Accounting entries that increase liabilities or equity accounts, or decrease asset or expense accounts, reflecting the sources of the value in the transaction.

Journalizing

The process of recording transactions in the journal in chronological order.

Fraudulent Activity

Intentional deceit or trickery used to gain some unfair or dishonest advantage, often involving financial transactions.