_____ Are in Charge of Guiding the Performance of an Organization

question 115

Multiple Choice

_____ are in charge of guiding the performance of an organization as a whole or of one of its major parts.

• A) Top managers
• B) Board of directors
• C) Middle managers
• D) First-line managers
• E) Board of trustees

---

Definitions:

Total

The sum or aggregate amount resulting from the addition of individual items or elements in a set.

Credit Purchase

Buying goods or services and deferring payment to a later date, typically recorded as accounts payable.

Liabilities

Economic responsibilities or liabilities a corporation has towards other entities, necessitating repayment through transferring assets like money, merchandise, or services eventually.

Assets

Economic resources controlled by a business, capable of producing value, and are expected to benefit future operations, including cash, inventory, and property.