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The First Step in the Delegation Process Is to Develop

question 121

True/False

The first step in the delegation process is to develop a plan.


Definitions:

Business Entity Assumption

An accounting principle that treats a business as an independent entity separate from its owners for accounting and legal purposes.

Business's Assets

Resources owned by a company that have economic value and can be used to meet debts, commitments, or legacies.

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