Which of the Following Best Describes Informal Linkages

question 16

Multiple Choice

Which of the following best describes informal linkages?

• A) They are relationships between equals in an organization.
• B) They show the lines of responsibility through which a supervisor delegates authority to subordinates.
• C) They tie supervisors and subordinates together.
• D) They are often called committees, task forces, or teams.
• E) They refer to unofficial relationships, such as personal friendships, rivalries, and politics.

---

Definitions:

Deposit In Transit

Refers to money that has been received and recorded by a business but has not yet been recorded by the bank.

Notes Receivable

Claims against others for money, goods, or services evidenced by promissory notes that are to be paid within a certain period of time.

Bank Reconciliation

is a process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.

Bank Reconciliation

The process of comparing a company's bank account balance with its financial records to identify any discrepancies.