Which One of the Following Statements Is True of the Link

question 81

Multiple Choice

Which one of the following statements is true of the link between innovation and creativity?

• A)Creativity involves turning a new idea into new or improved processes,products,or services that promote the attainment of organizational goals.
• B)Organizations can be either innovative or creative,but can never be both at the same time.
• C)An organization that is innovative but not creative is characterized by a fertile source of good ideas,but lacking in the ability to make the ideas tangible.
• D)An organization that is creative but not innovative is characterized by the ability to turn ideas into tangible benefit,but lacking good ideas to make tangible.
• E)The ideas on which innovation is based come from creativity in the organization,whereby those ideas are turned into something tangible that benefits the organization.

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Definitions:

Expense Accounts

Accounts used in accounting to track money spent or costs incurred in a business's operation, often categorized for budgeting and taxation purposes.

Asset Account

An account on a company's balance sheet that represents a resource with economic value owned or controlled by the business.

Revenue Accounts

Accounts that track the income generated from a company's primary and secondary activities, such as sales revenue, service revenue, and interest income.

Adjusting Entry

An adjusting entry is a journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred, ensuring the accounts reflect true and fair values.