Participative Management Is a Method of Management Where ________

question 30

Multiple Choice

Participative management is a method of management where ________.

• A) low-level workers are responsible for making corporate policy decisions
• B) representatives of workers form work councils and these councils must be consulted when management makes decisions about employees
• C) few representatives of workers sit on a company's board of directors
• D) subordinates share a significant degree of decision-making power with their immediate superiors
• E) low-level workers meet occasionally with the CEO to discuss problems within their department

---

Definitions:

Deferral Method

An accounting practice of postponing the recognition of certain revenues or expenses until a future period when they actually occur or are realized.

Current Year

Refers to the ongoing calendar or fiscal year in which business is conducted or accounting is reported.

Stewardship

The responsibility for overseeing and protecting something considered worth caring for and preserving, often in the context of managing financial resources or the environment.

Financial Statements

Official records that outline the financial activities of a business, organization, or individual, including the balance sheet, income statement, and cash flow statement.