In the Process of Delegating to His Department,Steve Provided His

question 31

Multiple Choice

In the process of delegating to his department,Steve provided his employees with the enforceable means to obtain necessary resources by:

• A) assigning responsibility.
• B) establishing accountability.
• C) transferring authority.
• D) analyzing abilities.

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Definitions:

Net Income

The total earnings or profit of a business after subtracting all expenses, taxes, and costs.

Discretionary Income

The amount of an individual's income that is left for spending, investing, or saving after taxes and personal necessities (like food and shelter) are taken care of.

Gross Income

Total earnings received by an individual or company before any deductions such as taxes, expenses, and other contributions.

Disposable Income

The amount of money an individual or household has available to spend or save after taxes and necessities have been paid.