A Successful Organisation Achieves Its Business Goals with a Knowledge-Management

question 18

Multiple Choice

A successful organisation achieves its business goals with a knowledge-management process by

• A)using web-based and digital technology only
• B)exploring the potential of its staff
• C)changing how people work and earn an income
• D)aligning its knowledge-management strategies with business objectives and people management

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Definitions:

Depreciation Expense

Depreciation expense is the allocated amount of the cost of a tangible or physical asset that is expensed over its useful life, reflecting wear and tear or obsolescence.

Gain On Sale

The profit realized when an asset is sold for more than its book value.

Indirect Method

A way of presenting the cash flow statement that adjusts net income for changes in balance sheet accounts to calculate cash flow from operating activities.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life.