ACME Software Ltd Has Developed a Training Program to Make

question 135

Multiple Choice

ACME Software Ltd 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 perspective
• D)Marketing principles
• E)Organizational efficiency

---

Definitions:

Accounts Payable

Liabilities of a business that are owed to creditors for goods and services purchased on credit and are due within a short period, typically less than a year.

Perpetual Inventory System

Inventory accounting method that uses computerized point-of-sale and enterprise asset management software to immediately track sales or purchases of inventory.

Customer Refunds Payable

A liability account representing the amount of money owed to customers for the return of goods or dissatisfaction with services provided.

Credit To Inventory

An accounting entry that increases the total value of inventory held by a company, reflecting additions or corrections to stock.