Maria, the HR Manager of a Landscape Design Company, Has

question 63

Multiple Choice

Maria, the HR manager of a landscape design company, has been asked to increase the level of efficiency at the workplace. She decides to restructure work relationships within the company and categorize people into departments according to the kinds of job-specific tasks they perform. Which managerial task is Maria performing?

• A)planning
• B)leading
• C)organizing
• D)controlling
• E)consolidating

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Definitions:

Writing Off

The process of acknowledging that a portion of a debt or an asset has become uncollectible or worthless and removing it from the financial statements.

Income Statement

A summary of the revenue and expenses for a specific period of time, such as a month or a year.

Contra Asset

An account on a company's balance sheet that reduces the total amount of the asset accounts, often used to account for depreciation or allowances for bad debts.

Uncollectible Receivables

Financial claims that are recognised as losses because they cannot be collected, typically due to debtor default.