Which Type of Manager Is Responsible for Implementing the Strategies,policies,and

question 66

Multiple Choice

Which type of manager is responsible for implementing the strategies,policies,and decisions made by top managers?

• A) first-line manager
• B) middle manager
• C) supervisory manager
• D) office manager
• E) financial managers

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Definitions:

Consideration

In legal and accounting terms, it refers to the value, either monetary or a promise of action, that is exchanged between parties in a contract.

Residual Value

the estimated value that an asset will have at the end of its useful life.

Straight-Line Method

A depreciation technique that allocates an equal portion of an asset’s initial cost to each year of its useful life.

Book Value

The net value of an asset calculated as total assets minus total liabilities, shown on the balance sheet.