Which of the following is a way of saying that a corporation has a set of identifiable values that establish the expectations for what is normal within the firm?
A. Organizational structure
B. Organizational code
C. Organizational culture
D. Organizational policy
Answer: C
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Which of the following statements is true regarding a bond?
a. A bond is a certificate that acts as evidence of ownership in a corporation. b. A bond is a certificate that represents a corporation's promise to repay a certain amount of money and interest in the future. c. If you buy a bond from a company, you are borrowing money from the company. d. Bondholders receive dividends semiannually.
Which of the following is not one of the external forces of change?
a. Economic & political b. Cultural and social c. Demographic d. Institutional
A check was written by a business for $507 but was recorded in the journal as $705. How would this error be included on the bank reconciliation?
A) a deduction on the bank side B) an addition on the book side C) an addition on the bank side D) a deduction on the book side
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Indicate whether the statement is true or false