Which One of the Following Correctly Defines the Chain of Command

question 33

Multiple Choice

Which one of the following correctly defines the chain of command in a typical corporate organizational structure?

• A) The vice president of finance reports to the chairman of the board.
• B) The chief executive officer reports to the board of directors.
• C) The controller reports to the president.
• D) The treasurer reports to the chief executive officer.
• E) The chief operations officer reports to the vice president of production.

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Definitions:

Inflation Rate

The percentage increase in the general price level of goods and services in an economy over a period of time.

Peso-Dollar Exchange

The rate at which the currency of one country (Peso) is exchanged for the currency of another country (Dollar), which fluctuates over time.

Purchasing Power

The ability of an individual or group to buy goods and services with their income.

Internet of Things

A network of interconnected devices, machinery, and systems designed to collect, exchange, and analyse data, enhancing automation and efficiency.