An Effective Organization Understands,reacts To,and Influences Its ____________________

question 203

Short Answer

An effective organization understands,reacts to,and influences its ____________________.

---

Definitions:

Deferred Charges

Costs or expenses that are incurred in one period but are not reported until a future period on the income statement.

Balance Sheet

An account statement that outlines the financial position of a company, including what it owns, owes, and the equity interest of its investors at a given time.

Fair Value Measurements

Assessments of the estimated market value of an asset or liability, based on assumptions about risk and the valuation techniques used.

GAAP Hierarchy

A framework that categorizes the importance and authority of different accounting principles and guidelines in the U.S. Generally Accepted Accounting Principles (GAAP).