In Many Agencies, a Formal Structure and an Informal Structure

question 5

Multiple Choice

In many agencies, a formal structure and an informal structure exist. The differences between these may be reflected in which of the following?
I.What the formal lines of communication are, versus whom actually communicates with whom
II.What a particular job description says, versus what the individual in the job actually does
III.What the board of directors deems appropriate allocation of funds, versus what is actually spent
IV.What the official policy is on a given issue, versus what actually happens if the issue arises ​

• A)II and III
• B)I, II, and IV
• C)I and III
• D)I, II, III, and IV

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Definitions:

Budgeting

The process of creating a plan to spend your money, outlining how much revenue a company anticipates receiving and how much it expects to spend over a specific period.

Actual Results

The real, achieved outcomes of activities, such as financial performance, compared against planned or projected outcomes.

Customers Served

The number of individual clients or customers that a business or service has provided for over a certain period of time.

Total Expenses

Total expenses encompass all costs and expenditures that a business incurs during a specific period, including cost of goods sold, operating expenses, and taxes.