Which of the Following Statements Is True of Line Authority

question 47

Multiple Choice

Which of the following statements is true of line authority?

• A)A primary purpose of lineauthority is to eliminate organizational hierarchy.
• B)Line authorityestablishes who can direct whom in an organization.
• C)Line authority provides counsel,advice, support, and service in aperson's areas of expertise.
• D)Line authority is also known as staff authority.

Identify the components of product costs and understand what constitutes prime costs and conversion costs.

Recognize the accounting treatment for factory overhead and product costs in manufacturing.

Comprehend the significance of direct materials and direct labor in product cost determination.

Understand the role of costs in the manufacturing process and how they are classified and managed.

---

Definitions:

Age Structure

The number and proportion of people at each age in a population. Age structure diagrams represent the number of males and females at each age, from birth to death, in the population.

Iteroparous

Describes organisms that can reproduce multiple times over their lifetimes, as opposed to only once.

Invertebrates

Multicellular organisms that lack a vertebral column or backbone.

Density Dependent

Variables that have varying impacts on population growth or size, depending on how densely the population is distributed.