Sing Tao Inc

question 77

Multiple Choice

Sing Tao inc.began operations on June 2, 2011.During June, Sing Tao sold ordinary shares for HK$11,450,000, earned revenue of HK$2,020,000, incurred expenses of HK$1,030,000, and paid dividends of HK$30,000.Retained earnings at June 30, 2011

• A)HK$960,000
• B)HK$990,000
• C)HK$12,410,000
• D)HK$13,471,000

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Definitions:

Organizational Culture

The shared values, beliefs, and norms that shape the social and psychological environment of a business.

Cultural Symbols

Objects, signs, icons, or practices that carry particular meanings within a culture, representing ideas or values.

Shared Assumptions

Fundamental beliefs or perceptions that are collectively accepted and taken for granted within an organization or group.

Shared Assumptions

The common beliefs or perceptions held by members of a group, organization, or culture, which influence their behavior and decision-making processes.