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A Question Such As, « Are There Differences in Organizational

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A question such as, « Are there differences in organizational culture that might be more important than national culture? » should be asked based on which piece of helpful advice to those choosing to proceed with global OD?


Definitions:

Form 1120S

A tax document used in the United States to report the earnings, losses, and dividends of S corporation shareholders.

Corporation

A legal entity that is separate and distinct from its owners. Corporations can own property, incur debts, sue, and be sued.

Permanent Accounts

Accounts in the general ledger that are not closed at the end of the accounting year, such as assets, liabilities, and equity accounts.

Temporary Accounts

Accounts used to track transactions within a specific accounting period, closed out at the end of the period, such as revenues, expenses, and dividends.

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