Which of the Following Statements Is True of Structural Capital

question 58

Multiple Choice

Which of the following statements is true of structural capital?

• A)It consists of electronically documented knowledge of a company's operations.
• B)It consists of hierarchical relationships that an organization's employees maintain amongst one another.
• C)It consists of structured relationships that a company's employees maintain with their clients.
• D)It consists of the knowledge of an organization that cannot be documented.

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Definitions:

Total Assets

The sum of all assets owned by a business, including current, fixed, and intangible assets, representing its overall value.

Ethics

The standards of conduct by which actions are judged as right or wrong, honest or dishonest, fair or not fair.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenues, indicating the company's profitability.

Total Expenses

The sum of all costs and expenses incurred by a business during a specific period, including operating and non-operating expenses.