The accounting procedures in a backflush-costing system strictly adhere to Generally Accepted Accounting Principles (GAAP)

Indicate whether this statement is true or false.

Answer: FALSE

Business

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The most important aspects of culture are always visible and observable.

a. true b. false

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When we say that organizations are social inventions we mean that

A) physical assets and implements of technology are irrelevant to organizations. B) they must have both people and things to be considered organizations. C) the existence of organizations is what differentiates humans from animals. D) they don't really exist. E) organizations don't exist without members.

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