Which of the Following Is NOT One of the Three

question 1

Multiple Choice

Which of the following is NOT one of the three basic roles of management?

• A) decisional
• B) operational
• C) interpersonal
• D) informational

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Definitions:

Obsolete Information

Information that is no longer relevant or useful due to changes in technology, knowledge, or societal norms.

Truth In Lending Act

A U.S. law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.

Terminate Credit Plan

The process of ending a credit agreement, closing the account, and settling any outstanding debts.

Home Equity Loan

A type of loan in which the borrower uses the equity of their home as collateral.