The Number of Subordinates Who Report Directly to a Manager

question 25

Multiple Choice

The number of subordinates who report directly to a manager is known as the manager's

• A)unity of command.
• B)hierarchy of authority.
• C)chain of command.
• D)span of control.

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Definitions:

Marketable Stock Securities

Financial instruments that represent ownership in companies or rights to ownership, easily bought and sold in public markets.

Short-Term Investment

A short-term investment is an asset that is expected to be converted into cash or sold within a short period, typically one year, to generate income.

Unrealized Gains and Losses

Profits or losses that arise from changes in the value of investments or assets that have not yet been sold or realized.

Other Comprehensive Income

A component of shareholders' equity, consisting of income that is not realized and hence not included in the net income (loss), such as unrealized gains or losses on available-for-sale securities.