Briefly Describe the Various Integrating Mechanisms Used in Organizations

question 53

Essay

Briefly describe the various integrating mechanisms used in organizations.

---

Definitions:

Ledger

A book or collection of financial accounts where double-entry bookkeeping transactions are recorded, including assets, liabilities, revenue, and expenses.

Updating

The act of revising or refreshing information to reflect the most current data available.

Wages

Wages are payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis.

Workweek

A recurring period of seven consecutive days designated for work, usually comprised of Monday through Friday.