Gore Associates Has Not Titles,and No Bosses

question 23

Multiple Choice

Gore Associates has not titles,and no bosses.Workers have sponsors for advice and consultation.This violates the principle of

• A)chain of command.
• B)unity of command.
• C)the scalar principle.
• D)all of these.
• E)none of these.

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Definitions:

Accounts Receivable

Outstanding payments from customers to a company for goods or services already delivered but not yet compensated for.

Bank Reconciliation

The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement and accurate.

Service Fees

Charges for services provided, often seen in banking, professional services, and maintenance sectors.

Outstanding Checks

Checks that have been written and recorded in the issuing company's books but not yet cleared or deducted from the bank's cash balance.