The Three Principle Levels Within a Business Organization Hierarchy Are

question 67

Multiple Choice

The three principle levels within a business organization hierarchy are

• A) senior management, operational management, and service workers.
• B) senior management, middle management, and operational management.
• C) senior management, operational management, and information systems.
• D) senior management, middle management, and service workers.

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Definitions:

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.

Permanent Fund

A fund established to provide a stable source of revenue for specific purposes, often funded by endowments or resources that generate interest or other income.

Agency Fund

An agency fund is a fiduciary account held by a governmental unit that contains resources received and held as an agent for others, to be expended or invested according to the principal's direction.

Plant Assets

Long-term tangible assets used in the operations of a business that are not intended for resale.