Which of the Following Questions Is NOT Useful for Evaluating

question 45

Multiple Choice

Which of the following questions is NOT useful for evaluating a company's values statement?

• A)Does it set standards of excellence and reflect high ideals?
• B)Does it express the company's distinctiveness,its view of the world?
• C)Is it tough,serving as the foundation on which difficult company decisions can be made?
• D)Will it be unchanging,as valid 100 years from now as it is today?
• E)Would you wish the organization to continue to hold these values,even if at some point they become a competitive disadvantage?

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Definitions:

Withdrawal

Removing funds from an account, or the act of taking money out from a partnership or investment, often referring to the distribution of assets to owners or partners.

Unearned Revenue

Money received by an individual or company for a service or product yet to be provided or delivered.

Drawing

Withdrawals of cash or other assets from a business by the owner for personal use, affecting the owner's equity.

Drawing Accounts

Personal accounts of the owners or partners in a business representing withdrawals of the business's assets for personal use.