Which of the Following Does Not Reduce the Need for Direct

question 78

Multiple Choice

Which of the following does not reduce the need for direct supervision?

• A)The informal organization
• B)Centralization
• C)Rules
• D)Norms

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Definitions:

Assessed Value

The dollar value assigned to a property for purposes of measuring applicable taxes, often determined by a public tax assessor.

Payoff

The act of completely repaying a loan, including the principal amount and any accrued interest, thereby fulfilling the borrower's obligations.

Sale

The act of selling goods or services in exchange for money or other compensation, constituting a fundamental business activity.

Accounting Equation

The fundamental formula representing the relationship between a company's assets, liabilities, and owners' equity (Assets = Liabilities + Equity).