Match the Options Below with the Correct Phrase

question 101

Multiple Choice

Match the options below with the correct phrase:
-just in time

• A)a relationship of two numbers
• B)income - expenses = profit or loss
• C)a budget that always must be justified from "square one"
• D)a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
• E)treats employees as assets
• F)details how each financial responsibility center will manage its cash
• G)provides estimates of revenues and expenses for a given period of time
• H)assets = liabilities + stockholders' equity
• I)each financial responsibility center's financial plan
• J)an organizational unit that contributes costs, revenues, profits, or investments
• K)involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
• L)a feedforward control technique that
• M)a person responsible for planning and overseeing managment of all risks
• N)a disciplined process that focuses on developing near-perfect products
• O)cash flow statement
• P)designed to measure and monitor specific aspects of an organization
• Q)an inventory control system that matches purchasing with need

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Definitions:

Socio-Emotional Leadership

A leadership style focused on addressing and nurturing the emotional and relational needs of group members.

Fiedler's Contingency Theory

A leadership theory suggesting that the effectiveness of a leader is dependent on both their leadership style and the situation they are in.

Idiosyncrasy Credit

A concept in social psychology that allows individuals to deviate from group norms without sanction if they have previously contributed positively to the group.

Legitimate Power

This refers to the authority someone has due to their position or role within a formal organizational setting.