An Organization Is Implementing a Downsizing Strategy That Requires the Elimination

question 66

Multiple Choice

An organization is implementing a downsizing strategy that requires the elimination of specific work processes and functions.What type of downsizing strategy is this organization executing?

• A)culture redesign
• B)workforce reduction
• C)systematic change
• D)work redesign

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Definitions:

Transactions

Actions or activities conducted by a company that affect its financial statements, such as sales, purchases, and payments.

Transposition Error

A specific type of accounting error caused by switching the order of digits in a number, often leading to discrepancies in financial records.

Debit Column

Refers to the section in accounting records where decreases in liabilities, or increases in assets and expenses are logged.

Trial Balance

An accounting report that lists the balances of all ledger accounts at a particular point in time to ensure that debits equal credits.