_____ Refers to a Clear Set of Responsibilities and Duties,defined

question 41

Multiple Choice

_____ refers to a clear set of responsibilities and duties,defined guidelines,and standards for accountability.

• A) Low role ambiguity
• B) Wide span of control
• C) Access to information
• D) Participative unit climate

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Definitions:

Required Rate

The minimum rate of return on an investment that investors demand, taking into account the investment’s risk level compared to the risk-free rate of return.

Annual Cash Flows

The total amount of money being transferred into and out of a business, captured on a yearly basis, and used to assess the financial health of the entity.

IRR Cross-Over Rate

The rate of return at which two different investments have the same net present value; used in comparing project alternatives.

Annual Cash Flow

The net amount of cash and cash-equivalents moving into and out of a business in a given fiscal year.