Which of the Following Will Help an Organization Maintain Consistent

question 38

Multiple Choice

Which of the following will help an organization maintain consistent business operations?

• A)Marketing, sales, and accounting departments decide to use the same vendor for a new system.
• B)Sales decides to implement a new system without considering other departments.
• C)A new office policy states that all managers can implement their own policies for purchasing supplies and materials.
• D)Marketing decides to save customer's email addresses in the marketing system, even though other organizational systems do not have this capability.

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Definitions:

Profit/(Loss)

The financial result of business operations, calculated as revenues minus expenses. A positive figure indicates profit, while a negative figure indicates loss.

General Reserve

Funds set aside out of profits by a company to strengthen the financial position and to meet future unknown liabilities or losses.

NCI Journal

Journal entries related to Non-Controlling Interest, representing the equity in a subsidiary not attributable to the parent company.