An Organization in Which the Primary Channel of Communication Is

question 54

Multiple Choice

An organization in which the primary channel of communication is rigid will

• A) be efficient.
• B) fail.
• C) be chaotic.
• D) be bureaucratic.

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Definitions:

Financing Activities

Transactions and events that affect long-term liabilities and equity of a company, including issuing debt, repaying loans, and distributing dividends.

Fiscal Year

A one-year period used by governments and businesses for accounting and financial reporting, which may or may not align with the calendar year.

Depreciation Expense

Spreading out the expense of a physical asset over the period it's in use.

Operating Activities

Components of a business's cash flow statement that relates to its core operations, including cash received from sales and cash paid for goods and services.