The Degree to Which Rules and Procedures Are Used to Standardize

question 54

Multiple Choice

The degree to which rules and procedures are used to standardize behaviors and decisions in an organization refers to:

• A)chain of command.
• B)formalization.
• C)centralization.
• D)work specialization.
• E)span of control.

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Definitions:

Acquired Material

Items or substances that are obtained or collected for use, often referring to resources gathered for a specific project or purpose.

Liabilities

Anything to which a person is liable, responsible, legally bound; debts or accounts payable (A/P) owed by the business.

Accounts Payable

The amount of money owed by a company to its creditors or suppliers for goods and services received but not yet paid for.

Invoice Description

A detailed statement showing goods sold or services provided, their prices, and the total amount to be paid.