Which of These Terms Refers to a Broad Statement That

question 7

Multiple Choice

Which of these terms refers to a broad statement that reflects the shared vision and values within an organization?

• A) statement of organizational goals
• B) mission statement
• C) statement of organizational philosophy
• D) core beliefs statement

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Definitions:

Specific Accounts

Accounts designated for recording particular transactions or financial activities that have unique characteristics.

International Monetary Fund

An international organization designed to foster global monetary cooperation, secure financial stability, and facilitate international trade among its member countries.

Founded

The act of establishing something, such as a company or organization, often marking its beginning.

Bretton Woods System

A monetary management system established in 1944 which set up fixed exchange rates for major currencies, with the US dollar convertible to gold, and led to the creation of the IMF and World Bank.