An organizational purpose serves as the basis for an organization's:
- mission
- culture
- core values
<h3>What is an
organizational purpose?</h3>
This refers to an firm's reason to exist that aligns with its long-term financial performance, provides a clear context for daily decision making, unifies and motivates it relevant stakeholders
Hence, the organizational purpose serves as the basis for an organization's mission, culture and core values.
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Language that outlines acceptable and unacceptable use of it resources and defines sanctions to be applied if a violation occurs is typically found in an employee code of conduct. Typically, when a person gets hired on at a new job, the new job will give them an employee code of conduct book that states what is and isn't allowed. The code will state what an employee does that will be deemed acceptable and what they can do to make sure they stay in the outlined rules.
Answer:
C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.
Answer:
By Serving As A Tool For A Distributing Goods And Services.
Answer:
I used an excel spreadsheet to record this transactions on an accounting equation.
Practice Makes Perfect, Inc.
Income Statement
For the month ended July 31, 202x
Revenues $2,000
Expenses:
- Advertising expense $500
- Rent expense $1,000
- Wages expense $1,000
- Supplies expense $300
- Depreciation expense $750
- Interest expense $417 <u> ($3,967)</u>
Net income ($1,967)
Practice Makes Perfect, Inc.
Balance Sheet
For the month ended July 31, 202x
Assets:
- Cash $99,783
- Accounts receivables $1,800
- Supplies $1,700
- Pianos $47,250
Total assets $150,533
Liabilities:
- Accounts payable $2,500
- Notes payable $50,000
Total liabilities $52,500
Stockholders' equity
- Common stock $100,000
- Retained earnings ($1,967)
Total stockholders' equity $98,033
Total liabilities + equity $150,533
