The distinction between a current asset and other assets: A. is based on the ability to determine the current fair value of the asset. B. is based on when the asset is expected to be converted to cash, or used to benefit the entity. C. is based on amounts that will be paid to other entities within a year. D. is based on how long the asset has been owned.

General widgets, inc., manufactures high-quality widgets. the widget industry is mature and few innovations occur. the widgets have to be built exactly according to particular specifications provided by customers. this requires the use of controlled processes and precise measurements. the company also needs to maintain high efficiency in its production process in order to meet the market demand. for this company, stability is more important than flexibility. which of the organizational cultures is best suited for general widgets? a.) clan culture b.) modern culture c.) hierarchy culture d.) market culture