The Hierarchy (From the Top Down) of Club Management Is

question 10

Multiple Choice

The hierarchy (from the top down) of club management is

• A) general manager, executive committee, board of directors, members
• B) executive committee, board of directors, general manager, members
• C) board of directors, executive committee, members, general manager
• D) members, board of directors, executive committee, general manager

---

Definitions:

Overhead Costs

General business expenses not directly tied to producing a product or service, such as rent, utilities, and insurance.

Departmental Overhead Rate

A method for assigning overhead costs to products based on the specific department's expenses, facilitating more accurate product costing.

Production Volume

The total quantity of products or services produced within a specific period by a business.

Costing Accuracy

This refers to the preciseness and reliability of costing methods used to estimate or determine the actual costs of production, operations, or projects.