Span of Control Defines

question 98

Multiple Choice

Span of control defines:

• A)the number of organization levels
• B)vertical differentiation
• C)who reports to whom in the chain of command
• D)the number of employees a manager supervises

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Definitions:

Future Value

The value of an investment at a specified point in the future, accounting for factors like interest rates and compounding.

Payment

The transfer of money, or its equivalent, from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Account Earning

The income generated from an investment or the revenue accrued from a bank account over a specific period.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.