In the Context of Good Accounting Practices, the Organizational Fund

question 23

Multiple Choice

In the context of good accounting practices, the organizational fund used for expenses too small to write a check for is known as

• A)a petty cash fund.
• B)an expense account.
• C)accounts payable.
• D)venture capital.

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Definitions:

Organizational Behaviour

Organizational behaviour is the study of how people interact within groups and organizations, and how this behavior affects the performance, structure, and culture of the organization.

Human Resources Management

The strategic approach to the effective management of people in an organization to help the business gain a competitive advantage.

Evidence-Based Management

An approach to managerial decision making and organizational practices that is informed by the best available evidence.

Evidence-Based Management

The practice of making managerial decisions based on the best available scientific evidence to enhance outcomes.