Which of the Following Are Administrative Actions That Can Result

question 4

Multiple Choice

Which of the following are administrative actions that can result in exposure to administrative liability?

• A) Negligent hiring, failure to terminate, negligent assignment, failure to train, failure to direct, negligent entrustment, and failure to supervise.
• B) Negligent hiring, negligent assignment, negligent performance, and negligent entrustment.
• C) Negligent hiring, failure to terminate, negligent assignment, failure to train, and negligent performance.
• D) None of the above.

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Definitions:

Period Costs

Expenses that are not directly tied to the production of goods or services and are charged to the period they occur in.

Product Cost

The total cost involved in manufacturing a product, including raw materials, labor, and overhead expenses.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as salaries, utilities, and rent.

Income Statement

A report documenting a business's financial activities, including income, expenses, and net profit, for a particular period.