What Do Employees Rely Upon the Most to Indicate the True

question 73

Multiple Choice

What do employees rely upon the most to indicate the true values, or core culture, of an organization?

• A) Speeches by the top managers
• B) The mission statement of the organization
• C) The actions of the top managers
• D) The little values cards that are handed out to employees

---

Definitions:

Firm's Performance

A measure of how well a company is doing in terms of profitability, revenue generation, and efficiency in managing its assets and liabilities.

Discretionary Accounting

The practice of using judgment in financial reporting and making decisions on accounting policies where alternatives exist.

Covenant Violations

Occurrences when a borrower fails to meet the terms of a loan agreement, potentially leading to penalties or loan default.

Current Ratio

A financial metric that evaluates a firm's capacity to settle debts due within a year by comparing its current assets to its current liabilities.