To Test Resource Sufficiency, a Firm Should List the ________

question 38

Multiple Choice

To test resource sufficiency, a firm should list the ________ most critical non-financial resources that it will need to move its business idea forward and determine if those resources are available.

• A) 1 to 2
• B) 3 to 5
• C) 6 to 12
• D) 10 to 16
• E) 15 to 25

Understand the role of an agent and principal in the context of negotiable instruments and the liability implications.

Recognize the requirements for ratification of unauthorized actions and the impact of such actions on liability.

Understand the effects of alterations and forgeries on the liability of parties to a negotiable instrument.

Comprehend the application of warranty liability in the transfer of negotiable instruments.

---

Definitions:

Organizational Culture

Organizational culture comprises the values, beliefs, behaviors, and artifacts that contribute to the unique social and psychological environment of an organization.

Ethics Component

The ethics component involves the principles or standards governing the conduct of a person or members of a profession, emphasizing moral obligations and decisions.

Organizational Culture

A system of shared assumptions, values, and beliefs that governs how people behave in organizations.

Ethical Behavior

Acting in ways consistent with what society and individuals typically think are good values.