When Should a Plan Be Developed in the Delegation Process

question 4

Multiple Choice

When should a plan be developed in the delegation process?

• A)after explaining the need for delegation and the reasons for selecting the employee
• B)after setting objectives that define responsibility and a deadline
• C)after establishing control checkpoints
• D)throughout the process as a whole

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Definitions:

Check Stub

A portion of a check that is retained as a record, detailing the amount, date, and other relevant information about the transaction.

Balance Brought Forward

The opening balance of an account that is carried over from the end of a previous period.

Check Amount

Check Amount refers to the specific monetary value written and payable on a check, representing the total to be transferred from the account of the drawer to the payee.

Balance Carried Forward

The amount of money carried from one period to the next in a financial statement or accounting ledger.