In His Book,The Fifth Discipline,Peter Senge Makes a Compelling Case

question 80

Multiple Choice

In his book,The Fifth Discipline,Peter Senge makes a compelling case that an organization's survival is linked to its:

• A)top management.
• B)employees' dedication.
• C)ability to learn and adapt.
• D)financial resources.

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Definitions:

Government-wide Financial Statements

Financial statements that present the financial position and the changes in financial position of all governmental activities, business-type activities, and aggregated discretely presented component units of the government.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Government-wide Financial Statements

Comprehensive reports that present the financial position and the results of operations of all the activities of a government, including both governmental and business-type activities.