_________ Environment Includes All Elements Existing Outside the Boundary of the Organization

question 96

Multiple Choice

_________ environment includes all elements existing outside the boundary of the organization that have the potential to affect the organization.

• A)Organizational
• B)Internal
• C)Task
• D)General
• E)Technological

---

Definitions:

Financial Accounting

The field of accounting focused on the preparation of financial statements for external stakeholders, adhering to standardized guidelines to accurately reflect a company's financial condition.

Managerial Accounting

The field of accounting focused on providing financial information within a company to assist in decision-making and budget management.

Timeliness

The quality of providing information or taking action within an appropriate or expected time frame, often critical for decision-making processes.

Total Quality Management

A management approach focused on improving the quality of an organization's outputs, including goods and services, through continual improvement of internal practices.