Which of the Following Is the Guiding Force Behind the Strategic

question 32

Multiple Choice

Which of the following is the guiding force behind the strategic planning process for an organization?

• A) The organizational mission
• B) The organizational design
• C) The organizational hierarchy
• D) The organizational culture

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Definitions:

General Journal

A basic accounting record for entering all types of transactions before they are transferred to specific accounts in the general ledger.

Financial Statement

Documents that report on a company's financial performance and health, including the balance sheet, income statement, and cash flow statement.

Normal Balance

is the side of an account on which increases to the account are recorded, typically either a debit for assets and expenses or a credit for liabilities, equity, and revenues.

Account Category

A way of classifying accounts in accounting records, such as assets, liabilities, equity, revenues, and expenses.