An Increase in the Number of Associate a Manager Supervises

question 27

Multiple Choice

An increase in the number of associate a manager supervises refers to

• A) direct control
• B) span of control
• C) responsibility
• D) authority

---

Definitions:

Historical Cost

The original monetary value of an asset, based on the purchase price or investment cost at the time of acquisition, without adjustments for inflation or market value changes.

Common-Size Balance Sheets

Financial statements that present all line items as percentages of a common base figure rather than absolute numerical figures, facilitating comparison.

Financial Structure

The mix of debt and equity that a company uses to finance its operations and growth.

Economics

The social science focused on the production, distribution, and consumption of goods and services.