A Group's Shared Pattern of Thought and Action Is Known

question 72

Multiple Choice

A group's shared pattern of thought and action is known as _____.

• A) the organizational culture
• B) personality-job-fit theory
• C) the Hawthorne effect
• D) the organizational structure

---

Definitions:

Fiscal Year

A one-year period that companies and governments use for accounting purposes and preparation of financial statements, which may or may not align with the calendar year.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used as a financial and administrative period for many purposes.

Accrued Expense

Expenses that have been incurred but not yet paid or recorded in the financial statements.

Adjusting Entry

An entry made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.