The Four Key Elements That Make the Current Business Environment

question 35

True/False

The four key elements that make the current business environment different from the past include globalization, technological change, the importance of knowledge and ideas, and collaboration across organizational "boundaries."

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Definitions:

Fund Balance

The difference between the assets and liabilities in a governmental fund, representing the net assets available for spending.

Statement of Activities

A financial report mostly used by non-profit organizations, displaying revenues, expenses, and changes in net assets for a specific period.