Details of the Length of Time It Takes an Organisation

question 2

Multiple Choice

Details of the length of time it takes an organisation to pay for goods received would be of most interest to which financial statements user group?

• A) Customers
• B) Employees
• C) Shareholders
• D) Suppliers

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Definitions:

Organizational Culture

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

Cultural Symbols

Items, symbols, or insignias that embody particular concepts, principles, or customs within a society.

Shared Behaviors

Actions or reactions that are commonly exhibited by members of a group, stemming from shared norms, values, or beliefs.

Organizational Culture

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