Dividing Work into Small Units and Assigning It to Individuals

question 45

Multiple Choice

Dividing work into small units and assigning it to individuals are tasks related to

• A) planning.
• B) organizing.
• C) staffing.
• D) controlling.
• E) directing.

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Definitions:

Construction

The process or art of building structures, such as buildings, bridges, or roads.

Actual Borrowings

Actual borrowings refer to the actual amount of funds a company or individual has borrowed from lenders or financial institutions, as opposed to planned or potential borrowing amounts.

Capitalize

The process of recording an expenditure as an asset, rather than an expense, thus spreading the cost over its useful life.

Construction Loan

A short-term loan provided to finance the building of a property or real estate project, with the property itself usually serving as collateral.