Which of the Following Begins When a Manager Assigns Responsibility

question 172

Multiple Choice

Which of the following begins when a manager assigns responsibility to a subordinate?

• A) delegation
• B) liability
• C) centralization
• D) authority

---

Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock, used as an indicator of the company's profitability.

Dividends Per Share

A financial metric that demonstrates the total amount of dividends declared by a company for each share of its outstanding common stock.

Earnings Per Share

A financial metric that divides a company's profit available to common shareholders by the average outstanding shares, indicating the company's profitability.