_____ Results from a Deliberate Decision to Alter an Organization

question 83

Multiple Choice

_____ results from a deliberate decision to alter an organization.

• A)Planned change
• B)Unplanned change
• C)Spontaneous change
• D)Accidental change

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Definitions:

Account

A record summarizing all the transactions pertaining to a single item in the accounting equation.

Monthly

Occurring or being calculated on a monthly basis; often used in the context of payments, interest calculations, or reporting periods.

Compounded Quarterly

An interest calculation method where the accrued interest is added to the principal four times a year, increasing the amount on which future interest is computed.

Quarterly Profits

The net earnings or losses of a company calculated every three months within a fiscal year.