Which of the following is NOT given as an example of a decision that may require finance/accounting policies?
A) To extend the time of accounts receivable
B) To establish a certain percentage discount on accounts within a specified period of time
C) To lease or buy fixed assets
D) To use LIFO, FIFO, or a market-value accounting approach
E) To determine the amount of product diversification

Question

Quizplus · Accepted Answer

Product diversification is not a decision that requires finance/accounting policies. It is a strategic decision that involves market research, customer preferences, and competitive analysis. The other options listed involve financial decisions that require accounting policies to ensure accurate record-keeping, compliance with tax laws, and optimal financial outcomes for the business.

Which of the Following Is NOT Given as an Example