All of the Following Are Reasons for a Narrow Span

question 6

Multiple Choice

All of the following are reasons for a narrow span of management except

• A) workers are located far from one another.
• B) few new problems are expected.
• C) the manager must do a lot of work other than managing.
• D) a great deal of interaction between management and workers is needed.
• E) new problems arise frequently.

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Definitions:

Owner's Equity

The total value that would accrue to a business's owners after all liabilities are subtracted from all assets; also known as shareholder's equity or net worth.

Liabilities

Economic debts or obligations a company is responsible for, which are to be paid off over time through the exchange of economic advantages.

Owner's Withdrawal

Amounts of cash or other assets that the owner takes from the company for personal use.

Cash Account

An account that records all transactions involving cash inflows and outflows within a company.