Which of the Following Is an Example of a Corporate

question 28

Multiple Choice

Which of the following is an example of a corporate ritual?

• A) Joe and Ed swap stories about the company's history and past heroes who have made significant contributions to the company.
• B) Company executives use company-specific jargon or slogans intended to inspire other employees to perform better.
• C) Every customer who buys a new car at Eby Ford and Lincoln rings a gong and is rewarded with applause from the entire sales staff.
• D) In the reception lobby is an assortment of material artifacts such as trade magazines, industry awards, photos of the employees-of-the-month, and samples of products.

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Definitions:

Accounting Information System

A system, typically computer-based, for managing financial data and processes, enabling the collection, storage, management, and reporting of financial transactions.

Financial Accounting

The branch of accounting that deals with summarizing, analyzing, and reporting business transactions to external entities, including investors and regulators.

Management Accounting

A field of accounting focused on providing financial data and advice to company managers for decision-making purposes.

Finance Manager

A professional responsible for managing the financial health of an organization, including planning, analysis, and decision making.