15. Source based question Flashcards
1
Q
What non accounting information business will consider for which kind of business to set up?
A
- owner/owners’ expertise
- nature of business
- capital commitment for initial set-up
- risk
- level of control desired
- lifespan
- transferability of ownership
2
Q
What non accounting information business will consider for which inventory to buy?
A
- nature of product
- types of storage
- customers’ preference
3
Q
What non accounting information business will consider for which customers to offer credit to?
A
- specific industry outlook
- economic outlook
- reputation of customers
- new customers’ history of repayment
4
Q
What non accounting information business will consider for which suppliers to buy from?
A
- local or overseas suppliers
- online vs brick-and-mortar suppliers
- after-sales service
- return policy
- warranty
- reputation of suppliers
5
Q
What non accounting information business will consider for which non-current asset to buy?
A
- purpose of non-current assets
- features of non-current assets
- customers’ review of non-current assets
- warranty
6
Q
What non accounting information business will consider to decide whether to bu y or rent non-current asset?
A
- Advantages and disadvantages of buying or renting
