A Journal Is not Useful for

question 197

Multiple Choice

A journal is not useful for

• A)disclosing in one place the complete effect of a transaction.
• B)preparing financial statements.
• C)providing a record of transactions.
• D)locating and preventing errors.

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Definitions:

Flexible Hierarchy

Flexible Hierarchy describes an organizational structure that allows for more fluid and adaptable roles and levels of authority, compared to traditional, rigid hierarchies.

Needs

Fundamental requirements or necessities for human beings to achieve a basic level of well-being, including physiological, safety, love/belonging, esteem, and self-actualization.

Need for Affiliation

An individual's desire to form connections and foster positive relationships with others.

Alderfer's

Relates to Alderfer's ERG Theory, a model in psychology that categorizes human needs into three groups: Existence, Relatedness, and Growth needs.