The Rule of Thumb in Delegation Is to Match the Amount

question 59

True/False

The rule of thumb in delegation is to match the amount of responsibility given with the amount of authority provided.Though you retain ultimate accountability,you delegate prime accountability.

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Definitions:

Cost System

A method used by firms to track, record, and analyze costs associated with their operations, typically to improve efficiency or profitability.

Kilos

A metric unit of mass equal to one thousand grams or approximately 2.20462 pounds.

Direct Materials

Raw materials that can be directly traced to the production process and are a significant part of the finished product.

Raw Material

The basic substances or components that are processed and transformed into finished goods in manufacturing.