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Two organizational behaviour students are debating the idea that many OB theories are contingency-oriented. One student believes that every OB theory should be contingency-oriented. The other student disagrees, saying that most theories should try to be universal. Evaluate both positions and provide your opinion on this issue.
Segregation of Duties
A principle in accounting and corporate governance that aims to reduce the risk of error and fraud by dividing responsibilities among different individuals or departments.
Accounts Receivable
Financial obligations of clients or customers towards a business for received goods or services that are awaiting payment.
Subsidiary Ledger
A subsidiary ledger is a group of similar accounts whose totals summarize into a single amount shown in the general ledger, aiding detailed financial analysis and tracking.
Fraud Triangle
The fraud triangle is a model that explains the factors that lead individuals to commit fraud: pressure, opportunity, and rationalization.
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