Class 12 Exam  >  Class 12 Questions  >  If a firm has decided to sell its product on ... Start Learning for Free
If a firm has decided to sell its product on cash basis only, it is part of firm's _________
  • a)
    Procedure
  • b)
    Method
  • c)
    Policy
  • d)
    Objectives
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
If a firm has decided to sell its product on cash basis only, it is pa...
The decision of a firm to sell its product on cash basis only is a part of the firm's policy. A policy is a predetermined course of action that guides the decision-making process of an organization. It represents the guidelines that dictate the actions of individuals in the organization and reflects the overall objectives and goals of the organization. In this case, the policy of the firm is to only accept cash for its products.
Explore Courses for Class 12 exam

Similar Class 12 Doubts

If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer?
Question Description
If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer?.
Solutions for If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice If a firm has decided to sell its product on cash basis only, it is part of firms _________a)Procedureb)Methodc)Policyd)ObjectivesCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 12 tests.
Explore Courses for Class 12 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev