Standardization Is a Form of

question 67

Multiple Choice

Standardization is a form of

• A) output control.
• B) financial control.
• C) organizational inertia.
• D) organizational culture.
• E) behavior control.

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Definitions:

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when transactions occur.

Supplies Expense

The cost incurred from using or consuming supplies within a business operation.

Accounting Period

A specific time period at the end of which an organization prepares financial statements, commonly a year, quarter, or month.

Adjust

To make modifications to records, accounts, or systems to correct discrepancies or align them with actual conditions.