Red onion restaurant would classify a six-month prepaid insurance policy as: (a) property, plant, and equipment.
(b) goodwill.
(c) investment.
(d) current asset.

Current asset

Explanation: In simple words, current asset refers to those assets of the organisation which are expected to be used and converted into cash within a period of one year.

These assets are usually purchased or prepared by the organisation to efficiently conduct their operating activities. Such assets are generally consumed within the process in which they are expected to be used.

Inventory, cash and accounts receivable ear some of the many examples of current assets. In the given case, the prepaid policy will also be consumed within a year.

Hence we can conclude that the policy is a current asset.

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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