Which of the Following Is Not Characteristic of Modern Organizations

question 109

Multiple Choice

Which of the following is not characteristic of modern organizations?

• A) Constantly evolving and thriving on change.
• B) Make little use of the Internet.
• C) Some employees will find such organizations stressful.
• D) Have a global focus.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.

Owns

The act of having legal possession or right to an asset or property.

Variable Interest Entity

A variable interest entity is a legal entity in which an investor holds a controlling interest that is not based on the majority of voting rights, leading to complex consolidation rules.

Consolidated Statements

Financial reports that aggregate the financial position and operating results of a parent company and its subsidiaries, showing the financial health and performance of the entire corporate group as a single entity.