Employees Who Have the Responsibility to Advise People in Line

question 42

Multiple Choice

Employees who have the responsibility to advise people in line positions but cannot issue them direct orders are usually in which position?

• A)staff
• B)line
• C)stakeholder
• D)management

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Definitions:

Net Income

Net Income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicative of the company's profitability.

Domestic Corporations

Companies that are incorporated and operate in the same country where they were established.

Tax-free Transaction

A financial transaction that is not subject to taxes by the governing authority, often used in strategic financial planning.

Net Assets

The total assets of an entity minus its total liabilities, representing the owners' equity in the company.