Which One of the Following Correctly Defines the Upward Chain

question 53

Multiple Choice

Which one of the following correctly defines the upward chain of command in a typical corporate organizational structure?

• A)The vice president of finance reports to the chairman of the board.
• B)The chief executive officer reports to president.
• C)The controller reports to the president.
• D)The treasurer reports to the vice president of finance.
• E)The chief operations officer reports to the vice president of production.

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Definitions:

Individuals

Single human beings considered separate from a group or society.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services in an economy.

Tariffs

Taxes imposed on imported goods and services, which are typically used by governments to protect domestic industries, raise revenue, or exert political leverage.

Trade Restrictions

Regulations or policies that countries adopt to limit the import and export of goods and services, often to protect domestic industries.