The Concept That Defines the Number of Subordinates That Report

question 87

Multiple Choice

The concept that defines the number of subordinates that report to a manager and that indirectly specifies the number of levels of management in an organization, is called__________.

• A) authorized line of responsibility
• B) responsibility factor
• C) span of control
• D) unity of command

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Outlay

The amount of money spent on a particular expense or investment.

Payback Period

The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Cash Inflows

Money or other forms of financial assets that come into a company, contributing to its total revenue.