Change Can Occur Quickly in Organizations That Have

question 58

Multiple Choice

Change can occur quickly in organizations that have

• A)single-loop learning.
• B)double-loop learning.
• C)organizational learning.
• D)continuous learning.
• E)discontinuous learning.

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Definitions:

Post. Ref. Column

Short for Posting Reference Column, it's used in journal entries to indicate where data is transferred in the ledger.

General Journal

A primary accounting record where financial transactions are initially recorded in chronological order.

Ledger

A comprehensive collection of a company's accounts, including assets, liabilities, equity, revenue, and expenses, used for tracking financial transactions.

Debit Side

The left-hand side of a ledger account, recording increases in assets or expenses and decreases in liabilities or equity.