Which of the Following Is an Example of Downward Communication

question 43

Multiple Choice

Which of the following is an example of downward communication?

• A) Silas has just sent a request for leave to his supervisor and is hoping that it will be accepted.
• B) Harry is reporting the work he has done for the day to his supervisor.
• C) Ben, an assembly line worker, is communicating some safety concerns he has to his manager.
• D) John and Jack, the production and the marketing managers, have met to discuss the budget constraints they are facing.
• E) Ray is holding his monthly meeting with his team in which he informs them of their monthly targets.

Appreciate the importance of petty cash funds in cash management.

Understand the concept and treatment of cash equivalents in financial statements.

Explain the implications of Sarbanes-Oxley Act on internal controls and financial reporting.

Identify factors influencing a business's control environment.

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Definitions:

Loan Repayment

The process of paying back borrowed money, typically consisting of principal and interest components, over an agreed period.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

Foreign Exchange Gain

A profit arising from fluctuations in the value of foreign currencies relative to one's home currency.

Exchange Rates

The pace at which one form of currency can be swapped for another, affecting international commerce and investments.