Funds from Operations Can Be Written As

question 7

Multiple Choice

Funds from operations can be written as:

• A)profit after tax + depreciation.
• B)profit before tax - depreciation.
• C)profit before tax + income tax paid.
• D)profit before tax + depreciation.

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Definitions:

Line Department

A unit that is directly involved in the basic objectives of an organization.

Direct Authority

The power explicitly given to an individual or organization to make decisions, take action, and direct others within a specified area or function.

Vice Presidents

Executives below the president in a company's hierarchy, often overseeing specific departments or operations within the organization.

Line Positions

Positions or roles within an organization that have direct responsibility for achieving the company's primary objective.