Organizational culture is the set of values and beliefs shared by members of an organization.

a. true
b. false


a. true

Business

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In a well-controlled petty cash fund, the amount of cash minus the amount of expenditure vouchers should be equal to the original amount in the petty cash fund

Indicate whether the statement is true or false

Business

Presently, most states follow the old Model Business Corporation Act (MBCA) approach, which requires that shares be issued only for money, tangible or intangible property, and services already performed for the corporation.

Answer the following statement true (T) or false (F)

Business

Appointing teams to manage customer-value-building processes and break down walls between departments is part of which of the following shifts in business practices?

A) reengineering B) outsourcing C) benchmarking D) supplier partnering E) customer partnering

Business

The auditor need not be independent to perform a review engagement as it has a scope that is far less than that of an audit

a. True b. False Indicate whether the statement is true or false

Business