Which of the Following Is NOT One of the Steps

question 22

Multiple Choice

Which of the following is NOT one of the steps of the functional approach to management?

• A)Use organizational elements toward common objectives
• B)Design a structure, with clearly defined tasks
• C)Plan a course of action
• D)Eliminate authority lines from the organization

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Definitions:

Cost Reconciliation Report

A document that reconciles the total costs allocated to completed and ongoing jobs with the total costs recorded in the accounting records.

Total Cost

The sum of all expenses associated with the production or acquisition of goods and services, including fixed and variable costs.

Department

A specialized functional area within an organization that focuses on a specific set of tasks or responsibilities.

Cost Reconciliation

The process of analyzing and adjusting the differences between reported costs and actual costs to ensure accuracy in financial records.