Dividing the Required Work Among a Group of Employees Is

question 62

Multiple Choice

Dividing the required work among a group of employees is called:

• A)division of labour.
• B)separation of control.
• C)departmentalization.
• D)delegation of responsibility.

---

Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in profits through dividends.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Issued

Refers to the number of shares that a corporation has legally sold to investors and are currently outstanding.

Paid-In Capital

The total amount of cash and other assets that shareholders have given a company in exchange for stock.