Delegation Is

question 29

Multiple Choice

Delegation is:

• A) a managerial tool by which responsibility of the work is divided among people, level by level, throughout the organization.
• B) the anatomy of an organization, the lines of responsibility, authority, and accountability, the channels of communication and chain of command.
• C) Giving a portion of one's authority and responsibility to a subordinate.
• D) None of the above.

---

Definitions:

Conflict of Interest

A situation in which an individual's personal interests could improperly influence the performance of their official duties.

Duties

Obligations required by law, morality, or roles, entailing actions that an individual is expected or required to carry out.

Conflicts

Situations in which interests, ideas, or values of different individuals or groups are incompatible, leading to a potential dispute or struggle.

Financial Statements

Written records that convey the business activities and financial performance of a company, including the balance sheet, income statement, and cash flow statement.