The Core Values, Beliefs, and Assumptions That Are Widely Shared

question 57

Multiple Choice

The core values, beliefs, and assumptions that are widely shared by members of an organization are known as

• A)the strategic plan.
• B)the mission statement.
• C)organizational culture.
• D)organizational climate.
• E)the pervading atmosphere.

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Definitions:

Accounting Period

The specific time span for which financial information is reported, generally a quarter or a year.

Financial Statements

Reports that provide information about an entity's financial performance and position.

Intracompany Comparability

This term is not commonly used; it may refer to the ability to compare financial information within the same company across different periods or departments.