The Theory Which Describes the Establishment of Internal Organizational Operations

question 6

Multiple Choice

The theory which describes the establishment of internal organizational operations as dependent upon external
environmental needs and individual needs is

• A)systems theory.
• B)contingency theory.
• C)sociotechnical integration.
• D)cultural approaches.

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Definitions:

Worksheet

A document used by accountants to organize various financial statements and supporting details during an accounting cycle.

Net Income

The total revenue of a business minus total expenses, indicating the company's profit after all expense deductions.

Income Statement

A financial statement that reports a company's revenues and expenses over a specific period, showing the net profit or loss.

Adjustments Column

Part of an accounting worksheet where entries are made to update account balances before preparing financial statements.