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The Classical Functions of Management Are (1)making Things Happen,(2)meeting the Competition,(3)organizing

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The classical functions of management are (1)making things happen,(2)meeting the competition,(3)organizing people,projects,and processes,and (4)leading.


Definitions:

Accrued Interest

Accrued Interest is the interest that has accumulated on a loan or bond since the last interest payment was made but has not yet been paid out.

Straight-Line Method

An accounting method of depreciation where a fixed amount is charged annually over the useful life of the asset.

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