The Benefits of Employee Involvement Increase with

question 167

Multiple Choice

The benefits of employee involvement increase with

• A)the standardization and repetitiveness of the problem or opportunity.
• B)the novelty and complexity of the problem or opportunity.
• C)the number and similarity of employees involved in the decision.
• D)management's knowledge of the situation.
• E)the routineness and similarity of the problem or opportunity.

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Definitions:

Disbursement Float

The time difference between the issuance of a payment and when the funds are actually debited from the payer’s account.

Cheques

A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.

Deposit

A sum of money placed or kept in a bank account, often to gain interest.

Balance

Balance refers to the amount of money in a financial account, or the equality between the sum of debits and credits in an account.