According to the Criterion of _____, Effectiveness Is Gauged by How

question 92

Multiple Choice

According to the criterion of _____, effectiveness is gauged by how well the organization meets the demands and expectations of key interest groups.

• A)strategic constituencies satisfaction
• B)goal accomplishment
• C)external processes
• D)internal processes
• E)resource acquisition

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Definitions:

Net Income

A company's overall earnings following the deduction of all expenses and taxes from its total revenue.

Adjusting Entry

An adjusting entry is a journal entry made in the accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Expense Account

An account used to record individual expenditures or expenses incurred during business operations.

Liability Account

An account recording a company's obligations to pay debts to creditors in the short or long term.