Which of the Following Are Best Described as Proprietary Funds

question 109

Multiple Choice

Which of the following are best described as proprietary funds?
I. Pension funds
II. Enterprise funds
III. Internal Service funds

• A) I only.
• B) II and RECORDING AND REPORTING TRANSACTIONS OF INTERNAL SERVICE FUNDS.
• C) I and RECORDING AND REPORTING TRANSACTIONS OF INTERNAL SERVICE FUNDS.
• D) I, II, and RECORDING AND REPORTING TRANSACTIONS OF INTERNAL SERVICE FUNDS.

Explain the concept, advantages, and limitations of virtual organizations.

Recognize the impact of organizational structure on innovation and organizational agility.

Distinguish between exploration and exploitation in the context of organizational strategy and structure.

Acknowledge the role of autonomy and flexibility in fostering innovation within organizations.

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Definitions:

Social Stratification

A system by which a society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power.

Employee Discrimination

Unfair treatment of employees based on race, gender, age, religion, disability, or any other characteristic, rather than their merits or abilities.

Company Favouritism

The practice of giving unfair preferential treatment to one's own company or specific employees within it.

Class Structure

The organization of society into hierarchical layers based on socio-economic status, wealth, or occupation.