Which of the Following Groups Are Primarily Tasked with Focusing

question 10

Multiple Choice

Which of the following groups are primarily tasked with focusing on the work of departments and ensuring their effectiveness?

• A) Senior management
• B) Finance
• C) Operating managers
• D) Planning
• E) Marketing

---

Definitions:

Distinct Legal Entity

Refers to a business that is legally considered separate from its owners, meaning it can own property, incur debts, and be sued independently.

Corporation

A legal entity that is separate and distinct from its owners, offering limited liability to its shareholders, and having the ability to own property, enter contracts, and sue or be sued.

Taxable Income

Earnings subject to taxation, which equals gross income minus any allowable deductions and exemptions.