Which of the Following BEST Describes accountability

question 102

Multiple Choice

Which of the following BEST describes accountability?

• A) The power to make the decisions necessary to complete a task
• B) The obligation employees have to their manager for the successful completion of an assigned task
• C) The decision to communicate clear expectations related to assigned tasks
• D) The number of people supervised by one manager
• E) The duty to perform a financial task

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Definitions:

Joseph Schumpeter

An economist and political scientist known for his theories on economic innovation and the concept of "creative destruction" in capitalism.

Risk Bearing

The acceptance of the possibility of loss on an investment or business venture, along with the responsibility of managing and mitigating potential risks.

Usury Law

Regulations governing the amount of interest that can be charged on a loan, intended to protect borrowers from exorbitant rates.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.