ACME Software Inc

question 133

Multiple Choice

ACME Software Inc.has developed a training program to make employees more aware of how their job performance affects customers and other employees within the organization.This training program relates most closely with which of the following concepts?

• A)Contingency anchor
• B)Grounded theory
• C)Open systems
• D)Virtual teams
• E)Telecommuting

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Definitions:

Subscription Expense

Recurring costs associated with subscribing to a service or product on a regular basis.

Adjusting Entry

An accounting record made to update the value of an account to its true value and reflect expenses or revenues that have occurred but aren't yet recorded.

Account Form

A way of presenting a balance sheet where assets are on one side and liabilities and equity are on the other.

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders’ equity at a specific point in time.