​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:

Cash Inflow

The total amount of money being transferred into a company, usually from operations, investments, or financing activities.

Residual Value

The estimated value of an asset at the end of its useful life.

Lessor

An entity that leases property or equipment to another party, known as the lessee, under a lease agreement.

Debt-Related Restrictions

These are covenants or conditions included in loan agreements that limit certain actions of the borrower to protect the lender.