Which of the Following Statements About the Informal Organization Is

question 133

Multiple Choice

Which of the following statements about the informal organization is true?

• A)Informal organizations provide a source of friendship for organization members.
• B)Informal organizations can provide status and recognition that the formal organization cannot provide its employees.
• C)The informal organization learns information about the formal organization through the grapevine.
• D)The informal organization can create problems for the formal organization if it is not managed well.
• E)All of the above statements about the informal organization are true.

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Definitions:

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Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single entity.

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The error of including the same item or financial transaction more than once in a calculation or analysis, leading to inaccurate results.

Fair Value Option

An accounting strategy allowing companies to choose to value and report certain assets and liabilities at fair market prices.

Equity Method Investments

An accounting technique used by a company to record its investment in another company, where the investment gives the investor a significant influence over the investee.