The Underlying Principle of Modern Organizations Is __________ of the Human

question 56

Multiple Choice

The underlying principle of modern organizations is __________ of the human elements in the group.

• A)specialization
• B)management
• C)unification
• D)employment

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Definitions:

Total Assets

The total value of everything a company owns, encompassing both current assets and long-term assets.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of assets or services.

Stockholders' Equity

The ownership stake of shareholders in a corporation, which is the value left over from the assets after liabilities have been taken out.

Treasury Stock

Shares that were issued and later reacquired by the company, reducing the amount of outstanding stock.