In Theory,delegation from a Manager to a Subordinate Consists of Three

question 32

Multiple Choice

In theory,delegation from a manager to a subordinate consists of three steps,which are

• A)assigning responsibility,granting authority,and creating accountability.
• B)assigning responsibility,creating a position,and creating accountability.
• C)creating a position,overcoming resistance,and promoting acceptance.
• D)creating accountability,promoting acceptance,and requiring performance.
• E)creating accountability,assigning responsibility,and requiring performance.

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Definitions:

Cash Realizable Value

The amount of money that could be received from selling or disposing of an asset after accounting for all associated costs.

Accrued Interest

Interest that has accumulated over a period of time but has not yet been paid.

Merchandise Sale

The transaction of selling goods that are purchased for resale by a business.

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money either on-demand or at a specified future date.