Managers Responsible for Supervising the Operations of an Organization Are

question 61

Multiple Choice

Managers responsible for supervising the operations of an organization are referred to as ________ managers.

• A) strategic
• B) functional
• C) supervisory
• D) operational
• E) tactical

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Definitions:

Straight-line Method

A depreciation method that allocates an equal amount of the asset's cost to each accounting period over its expected useful life.

Book Value

The net value of a company's assets as recorded on the balance sheet, deducting liabilities, indicating the shareholder equity.

Residual Value

The projected worth of an asset upon reaching the conclusion of its service period.

Straight-line Method

A depreciation method that allocates an equal amount of depreciation each year over the useful life of an asset.