The quantity of goods or services produced in a given period or the physical capacity of the operating assets used to produce goods or services are measures of
A)financial flexibility
B)liquidity
C)operating capability
D)capital maintenance

Question

Quizplus · Accepted Answer

The quantity of goods or services produced in a given period or the physical capacity of the operating assets used to produce goods or services are measures of operating capability. Financial flexibility refers to the ability of a company to meet its financial obligations in the short and long term, while liquidity refers to a company's ability to convert its assets into cash to meet its short-term obligations. Capital maintenance refers to the principle of maintaining the value of an organization's capital over time.

The Quantity of Goods or Services Produced in a Given