Examlex
Which of the following statements is true of the American psychologist B. F. Skinner?
Opportunity Cost
The expense incurred by not choosing the second-best option available during a decision-making process.
Controllable Cost
Expenses that can be directly managed or influenced by a decision-maker within a specific time frame.
Line Authority
The power given to managers to make decisions and issue commands within their scope of responsibility, and to expect those commands to be followed by subordinate employees.
Financial Controller
A senior executive responsible for overseeing an organization's day-to-day financial operations, reporting, and compliance.
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