______________________________ Is the Process of Capturing, Storing, Retrieving, and Distributing

question 4

Short Answer

______________________________ is the process of capturing, storing, retrieving, and distributing the knowledge of the individuals in an organization for use by others in the organization to improve the quantity and efficiency of decision making.

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Definitions:

Economic Events

Events that have a financial impact on the business and are recorded in the accounting systems.

Financial Statements

Reports that systematically present the financial status and performance of an organization over a specific period.

Financial Flexibility

The ability of a company to adapt its financial policies and make decisions to ensure survival and growth.

Issuing Stock

This refers to the process by which a company sells new shares to investors in order to raise capital.