In Which of the Following Scenarios Is the Manager Performing

question 13

Multiple Choice

In which of the following scenarios is the manager performing the controlling management function?

• A)Thomas,the HR Director at a publishing company,lists out the annual objectives that have to be achieved by the entire HR team and develops plans for accomplishing them.
• B)Jacob,a project manager at a software company,is initiating an action against unethical behaviour of a male employee toward other female workers.
• C)Martha,a floor supervisor at a manufacturing unit,is giving her employees tips and suggestions on ensuring that employees meet performance expectations.
• D)Jacqueline,the marketing director of a major appliance manufacturer,formulates objectives and targets for the marketing department to achieve over the next two financial quarters.

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Definitions:

Relevant Exchange Rates

The currency rates used to convert transactions involving foreign currencies into the reporting currency for financial reporting purposes.

Fair Value

The price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Cash Consideration

The total amount of cash that is paid or received during a transaction, such as buying an asset or settling a liability.

Net Realisable Value

The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.