At Buddy's Bird Barn, Every Employee Has to Consult Buddy

question 89

Multiple Choice

At Buddy's Bird Barn, every employee has to consult Buddy before completing any sale, and only Buddy can make decisions about purchasing and advertising. These rules represent ________ at Buddy's Bird Barn.

• A) specialization
• B) centralization
• C) formalization
• D) span of control
• E) chain of command

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Definitions:

Office Expense

Costs related to activities within an office, including supplies, utilities, and administrative salaries, which are necessary for maintaining the office environment.

Journalize

The process of recording transactions in the journal as part of the accounting cycle.

Fees Earned

The revenue a company generates from providing services during a given accounting period.

Salaries Expense

This refers to the total amount paid by a company for employee salaries over a specific period, recorded on the income statement.