Organizational Climate

question 27

Multiple Choice

Organizational climate

• A)is highly related to job satisfaction.
• B)is wider in scope.
• C)has more to do with task perceptions of work.
• D)is a system of shared beliefs among members of a group.

Recognize differences between U.S. GAAP and IFRS in terms of income statement presentation and comprehensive income.

Apply the matching principle to determine appropriate expense recognition.

Understand the requirements for reporting valuation changes in various liabilities and assets under both U.S. GAAP and IFRS.

Grasp the concept of other comprehensive income (OCI) and its reporting requirements.

---

Definitions:

Left Anterior

Pertaining to the front aspect of the left side of a body or a structure.

Visceral Pericardium

Serous membrane covering the surface of the heart; also called epicardium.

Epicardium

Serous membrane covering the surface of the heart; also called visceral pericardium.

Pericardial Fluid

Viscous fluid contained within the pericardial cavity between the visceral and parietal pericardium; functions as a lubricant.