​Technical Qualifications Is a Characteristic of Effective Modern Bureaucracies That

question 34

Multiple Choice

​Technical qualifications is a characteristic of effective modern bureaucracies that states

• A) ​procedures are preserved, and these govern decisions and actions.
• B) ​each person has clear responsibilities and specialized training.
• C) duties are clearly specified, and activities are distributed as official duties.
• D) employees are appointed based on qualifications, are not elected, and are compensated by salary.

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Definitions:

Estimated Cost

The anticipated cost or price of an item, service, or project based on current information, forecasts, and analyses before actual costs are incurred.

Estimated Method

An approach that involves approximating financial figures or outcomes based on available data and educated assumptions.

Perpetual Inventory

An inventory system that records changes in inventory levels immediately as they occur, facilitating real-time tracking of stock.

Financial Statements

Reports that summarize the financial condition and operations of a business, including balance sheet, income statement, and cash flow statement.