Curran Investments has had a very profitable year in its business of providing financial advice. The profit would be considered a(n) ______ of the system.
A. by-product
B. input
C. transformational process
D. output
E. feedback loop
D. output
Outputs are the products, services, profits, losses, employee satisfaction or discontent, and the like that are produced by the organization. Whatever comes out of the system is an output.
You might also like to view...
Mclaren Corp incurred the following costs to acquire and prepare land during 2016 for a new parking lot: purchase price for land, $800,000; cost to clear the land, $30,000; cost of paving, $40,000; and lighting for the parking lot, $20,000 . How much should Halifax record in the Land Improvements account?
a. $30,000 b. $40,000 c. $60,000 d. $90,000
Most formal reports use generic headings to identify the topic of each section
Indicate whether the statement is true or false
The closing argument includes a summary of the ____, issues, evidence, and conclusions
that may be drawn from the evidence. Fill in the blanks with correct word
During a period of steadily rising costs, the inventory valuation method that yields the highest reported net income is:
A. Average cost method. B. LIFO method. C. Specific identification method. D. FIFO method. E. Weighted-average method.