Which of the Following Is Defined as the Moral Obligation

question 45

Multiple Choice

Which of the following is defined as the moral obligation to stay with the organization--because it is the right thing to do?

• A) normative commitment
• B) job commitment
• C) continuance commitment
• D) affective commitment

Acknowledge the common reasons for small business bankruptcy and the importance of strategic financial planning and management.

Understand the purpose and importance of financial statements in a business.

Recognize the significance of cash flow management for business survival and growth.

Distinguish between assets, liabilities, and equity within the context of the accounting equation.

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Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Cost Of Capital

The minimum yield a firm needs to generate from its investment endeavors to sustain its market valuation and appeal to investors.

Free Cash Flow

The sum of money a business produces after deducting the capital expenses required to sustain or grow its assets.

Value Of Equity

The total value of a company's shares of stock held by all its shareholders, including share capital plus retained earnings.