When an Organization Is Really Concerned About People,its Total Philosophy,culture,and

question 13

True/False

When an organization is really concerned about people,its total philosophy,culture,and orientation will reflect this belief.

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Definitions:

Dividends

Payments made by a corporation to its shareholders out of its profits.

Expenses

Costs incurred in the operation of a business to generate revenue.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company’s balance sheet.

Journalizing

The process of recording business transactions in the accounting journals as part of the bookkeeping process.