What Is the Number of People or Subordinates That a Manager

question 46

Multiple Choice

What is the number of people or subordinates that a manager effectively controls and directs called?

• A) accountability
• B) span of control
• C) delegation
• D) responsibility

Determine the variable costing unit product cost and its relevance.

Understand the concept of segmented statements and its importance for internal decision-making.

Recognize the significance of the contribution margin and segment margin for managerial decisions.

Identify and understand the implications of fixed and variable costs on pricing and inventory valuation decisions.

---

Definitions:

Appraisal Value

The estimated money value of a property, as determined by a qualified appraiser.

Offer Price

The price at which a seller is willing to sell an asset or service, often seen in the context of stock market orders.

Cost Basis

The original value of an asset for tax purposes, usually the purchase price, which is used to determine capital gain or loss upon sale.

Fixed Asset

Long-term tangible assets held for business use and not expected to be converted to cash in the current or upcoming fiscal year.