________ Exists for an Employee When His or Her Manager

question 70

Multiple Choice

________ exists for an employee when his or her manager has an expectation that the job will be performed and has the right to take corrective action if it is not.

• A) Responsibility
• B) Accountability
• C) Authority
• D) Coordination
• E) Span of control

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Definitions:

Sales Manager

A professional responsible for leading and guiding a team of salespeople, developing strategies to improve sales, and meeting or exceeding sales targets.

Cash Budget

A forecast of cash inflows and outflows over a specific period, used to estimate a company's short-term liquidity needs.

Cash Balance

Cash balance refers to the amount of cash that a company or an individual has available at any given time.

Cash Payments

Cash payments refer to transactions where cash is used to settle the payment for goods, services, or obligations.