Each of the Following Are Actions That Organizations Can Take

question 41

Multiple Choice

Each of the following are actions that organizations can take to create effective partnerships except:

• A) education and training.
• B) effective use of teams.
• C) use benchmarks to create effective measures.
• D) use business and IT acronyms.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Owner's Equity

Owner's equity represents the owner's claims on the assets of the business, calculated as total assets minus total liabilities.

Creditors' Risk

The level of risk that creditors face regarding the possibility of not receiving back the principal and/or interest on loans issued to borrowers.

CPA

Certified Public Accountant, a designation given to someone who has passed the Uniform CPA Examination and met additional state education and experience requirements in accounting.