The _____ Refers to a Chain of Authority Extending from Top

question 80

Multiple Choice

The _____ refers to a chain of authority extending from top to the bottom of the organization and including every employee.

• A) unity of command
• B) division of labor
• C) unity of direction
• D) scalar chain
• E) none of these

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Definitions:

Compounded Monthly

Interest calculated on the principal sum and also on the accumulated interest of previous periods of a deposit or loan, compounded every month.

Equal Payments

Payments that are the same in amount, typically referring to installments paid over a certain period of time.

Outstanding Balance

the amount of money that is still owed or remains unpaid on a loan, credit card, or another financial obligation.

Combined Equivalent

A combined or total equivalent that incorporates various elements or aspects to express a singular value or concept.