The type of resources that are acquired from outside sources, where the terms of acquisition do NOT require any long-term commitment for any given amount of the resource are called:
A)Flexible resources
B)Committed resources
C)Discretionary fixed expenses
D)Committed fixed expenses

Question

Quizplus · Accepted Answer

Flexible resources are those that can be acquired from outside sources without any long-term commitment for a specific amount of the resource. These resources can be adjusted as needed, making them a more flexible option for organizations compared to committed resources, which require a long-term commitment for a specific amount.

The Type of Resources That Are Acquired from Outside Sources