Organizing Is an Activity Performed by Managers That Includes Which

question 35

Multiple Choice

Organizing is an activity performed by managers that includes which of the following?

• A) instructing and authorizing others to perform the necessary work
• B) identifying and combining resources so that a company can reach its goals and objectives
• C) establishing goals and objectives
• D) measuring performance and, if necessary, taking corrective action

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Definitions:

Comparative Income Statement

A financial statement that presents the revenues, expenses, and net income for multiple periods side by side for comparative purposes.

Sales

Transactions involving the exchange of goods or services for money or its equivalent.

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Current Ratio

A liquidity measure indicating a company’s ability to meet short-term obligations with its short-term assets.