What Is an Organizational Boundary

question 144

Essay

What is an organizational boundary?

---

Definitions:

Accrue Payroll

To accrue payroll means to record expenses and liabilities for salaries and wages incurred by an organization during an accounting period, but not yet paid.

Warranty Costs

Expenses incurred by a company to repair, replace, or refund products that are found to be defective within a warranty period.

Two-Year Warranty

A guarantee provided by a seller or manufacturer to repair or replace defective goods for two years after purchase.

Tablet Computers

Tablet computers are portable, thin electronic devices equipped with a touchscreen interface, offering a combination of computing, internet, and multimedia capabilities.