Which of the Following Statements Is True About Organic Organizations

question 49

Multiple Choice

Which of the following statements is true about organic organizations?

• A) They are similar to bureaucracies.
• B) They are formal and rigid.
• C) They have centralized authority.
• D) They operate in unstable environments.
• E) They have an inflexible organizational design.

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Definitions:

FASB Members

The individuals serving on the Financial Accounting Standards Board, responsible for establishing and improving standards of financial accounting and reporting in the U.S.

Securities And Exchange Commission

A government commission created by Congress to regulate the securities markets and protect investors in the United States, often abbreviated as SEC.

Accounting Principles

Fundamental concepts that guide the field of accounting, including principles like revenue recognition, matching, and the principle of conservatism.

Critical Thinking

The intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information.