____ Emphasized Designing and Managing Organization on an Impersonal, Rational

question 68

Multiple Choice

____ emphasized designing and managing organization on an impersonal, rational basis through such elements as clearly defined authority and responsibility, formal record keeping, and uniform application of standard rules.

• A) Hawthorne Studies
• B) Scientific management
• C) Bureaucratic organizations
• D) Contingency theory

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Definitions:

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.

Rent Expense

The cost incurred by a company to lease property or equipment for business operations, reported as an operating expense.

Unearned Revenues

Money received by a company for a product or service that has yet to be delivered or performed.

Liabilities

Financial obligations or debts owed by a company to creditors, expected to be paid in the future.