Muhammad Is a New Divisional Manager

question 49

Multiple Choice

Muhammad is a new divisional manager. In reorganizing his division, he must make some decisions regarding the span of control for management within his division.
-Which of the following is a benefit of keeping the span of control to 5 or 6 employees?

• A) Vertical communication is more complex.
• B) Upper management is more available and in-touch.
• C) It is expensive.
• D) Decision making is slowed down.
• E) none of the above

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Definitions:

Bank Service Charges

Fees charged by banks for account maintenance, transactions, and other financial services.

Outstanding Checks

Checks that have been written and recorded in the checking account ledger but have not yet been cashed or cleared by the bank.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure consistency and accuracy of the figures.

NSF Check

A check that has been refused by the bank due to insufficient funds in the account it was drawn against.