What Does a Mission Statement Represent

question 41

Multiple Choice

What does a mission statement represent?

• A) The reason an organization exists
• B) The profitability target of the organization
• C) The history of the organization
• D) What an organization wants to become
• E) The ownership of the organization

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Definitions:

Power To Negotiate

The authority or capacity to discuss terms and reach agreements in a formal setting or transaction.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or note, and has the right to execute or demand its fulfillment.

Forged Indorsement

This refers to an unauthorized signature on a negotiable instrument, such as a check, that falsely purports to be that of the named endorsee.

Non-Existent Employee

A fabricated or fictitious employee created on company records, usually for fraudulent purposes like embezzlement.