__________ Has Been the Trend in Recent Years

question 57

Multiple Choice

__________ has been the trend in recent years.

• A) Greater work specialization
• B) Less delegation
• C) Wider spans of control
• D) Narrower spans of control
• E) Greater centralization

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Definitions:

Selling Price

The amount at which a product or service is sold to customers.

Variable Cost

Financial outlays that fluctuate based on the activity levels or production volumes within a company.

Fixed Cost

Expenses that do not change with the level of production or sales in the short term, such as rent, salary, and insurance.

High-Low Method

A technique in cost accounting used to estimate fixed and variable cost components of a product or service based on the highest and lowest levels of activity.