Which of the Following Functions of Management Focuses on Who

question 10

Multiple Choice

Which of the following functions of management focuses on who should carry out specific jobs?

• A) Planning
• B) Organizing
• C) Leading
• D) Evaluating
• E) None of the above

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Definitions:

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.

Income Statement

A financial statement that shows a company’s revenues, expenses, and profits or losses over a specific period of time.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing ownership interest.

Cash Flows

The total amount of money being transferred into and out of a business, particularly affecting its liquidity.