Bert Is CEO of an Organization with Many Layers in the Chain

question 89

Multiple Choice

Bert is CEO of an organization with many layers in the chain of command.He is looking for ways to reduce these layers so that he can communicate more directly with the first-line employees.What organizational communication barrier is he trying to overcome?

• A)Lack of trust between management and employees
• B)Long lines of communication
• C)Closed communication climate
• D)Ego involvement

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Level 3 Inputs

Valuation inputs for assets or liabilities that are not based on observable market data, often involving significant management judgment or estimation.

GAAP Disclosures

Required information in financial statements that clarifies and provides context to the reported figures, following Generally Accepted Accounting Principles.

Fair Value Measurements

An accounting practice that assesses the price to sell an asset or settle a liability, based on current market conditions rather than historical cost.

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The residual interest in the assets of a corporation after deducting liabilities, representing the owners' equity in the company.