When Employees Are Required to Follow Their Job Description or to Comply

question 95

Multiple Choice

When employees are required to follow their job description or to comply with company policies, communication is performing a(n) _______ function.

• A) emotional expression
• B) control
• C) information
• D) feedback
• E) motivation

---

Definitions:

Financial Leverage

The extent to which fixed-income securities (debt and preferred stock) are used in a firm’s capital structure. If a high percentage of a firm’s capital structure is in the form of debt and preferred stock, then the firm is said to have a high degree of financial leverage.

Tax Effects

The impact of taxation on an individual's or company's financial decisions or situations, especially regarding how investments and financial strategies are structured.

Liquidity Analysis

An examination of a company's ability to meet its short-term obligations with its current assets.

Cash Budget

A schedule showing cash flows (receipts, disbursements, and cash balances) for a firm over a specified period.