An Organization Skilled at Creating,acquiring and Transferring Knowledge and at Modifying

question 63

Multiple Choice

An organization skilled at creating,acquiring and transferring knowledge and at modifying its behavior to reflect new knowledge and insights is a

• A)learning organization.
• B)high-involvement organization.
• C)mechanistic organization.
• D)network organization.
• E)matrix organization.

Understand the concept and importance of the number of days' sales uncollected in managing accounts receivable.

Calculate the number of days' sales uncollected using the appropriate formula.

Recognize the purposes and components of a voucher system in the control of cash payments.

Understand the function and recording of petty cash transactions including the establishment and replenishment of petty cash funds.

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Definitions:

Eavesdrops

The act of secretly listening to the private conversation of others without their consent.

Unauthorized

Actions or activities that lack official permission or approval, often resulting in a breach of rules or laws.

Intentional Torts

Legal actions that arise from intentional actions causing harm, such as assault, battery, and defamation.

Minors

Individuals under the age of legal adulthood, who are limited in their legal capacity to perform certain actions or enter into contracts.