Dax Has Been Promoted to a First-Line Manager

question 40

Multiple Choice

Dax has been promoted to a first-line manager. Dax's new position will require him to spend a lot of time

• A) developing strategic plans.
• B) evaluating the daily performance of workers.
• C) creating a vision for the company.
• D) providing information to stakeholders.

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Definitions:

Accounting Equation

The foundational equation in accounting, Assets = Liabilities + Equity, representing the relationship between a company's resources and its sources of financing.

Service To Customer

Activities and benefits provided by a business to its customers, aimed at satisfying their needs and expectations.

Accounting Equation

The foundational principle of accounting expressing that assets equal the sum of liabilities and shareholder's equity.

Purchased Equipment

Fixed assets acquired by a company for use in the production or supply of goods and services, not for resale.