A School District Is Run by a Board of Elected

question 4

Multiple Choice

A school district is run by a board of elected officials, which hires a superintendent, who in turn selects principals for its schools and other administrative staff. This is an example of the bureaucratic characteristic of __________.

• A)impersonality
• B)goal displacement
• C)employment based on technical qualifications
• D)hierarchy of authority

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Definitions:

Work Sheet

An informal document used by accountants to prepare adjusting entries and a trial balance in the process of preparing financial statements.

Unadjusted Trial Balance

A list of all the balances in a company’s accounts before any adjusting entries are made for reporting purposes.

Management Report

A document that provides managers with information necessary to make decisions, including financial and operational data.

Accounting Period

A specific time span for which financial statements are prepared, commonly a quarter or a year.