Which of the Following Does Not Correctly Describe the Effect

question 99

Multiple Choice

Which of the following does not correctly describe the effect of recording a credit sale of inventory for a profit?

• A) The receivables turnover ratio decreases.
• B) Current assets increase.
• C)Gross profit increases.
• D)Operating expenses increase.

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Definitions:

Organizational Cultures

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

Adopting Values

The process through which individuals or organizations integrate new beliefs, attitudes, and standards into their existing value systems.

Organizational Socialization

The process by which a new employee learns the values, norms, and expected behaviors of an organization to become an effective member.

Cultural Values

The core principles and ideals upon which an entire community exists and functions, deeply influencing people's behaviors and perceptions.