Which Is NOT a Expression of Organizational Culture

question 92

Multiple Choice

Which is NOT a expression of organizational culture?

• A)how power and authority is given in an organizational hierarchy
• B)how information flows through an organizational hierarchy
• C)the way an organization treats its employees and customers and the wider community
• D)how formal or informal meetings will be
• E)the laws and regulations that govern how businesses practice

Identify and classify items as cash, cash equivalents, and non-cash items according to accounting standards.

Understand the principles of internal control over cash and cash equivalents.

Analyze and apply internal control principles to cash disbursement and receipt processes.

Understand the prevalence of fraud and the role of internal control in fraud prevention.

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Definitions:

Variable Costing

A method of accounting that encompasses just the variable costs associated with manufacturing—such as direct materials, direct labor, and variable manufacturing overhead—as part of the product costs.

Unit Product Cost

An assessment of the total expense incurred to produce a single unit, incorporating direct costs like labor and materials, as well as indirect costs.

Year 1

A term typically used to refer to the first year of operation or the initial year in a specific timeframe.

Variable Costing

An accounting method that only considers variable costs (costs that change with production levels) when calculating the cost of goods sold.