Overseeing the Day-To-Day Operations of a Company Is an Example

question 155

Multiple Choice

Overseeing the day-to-day operations of a company is an example of the management function of:

• A)controlling.
• B)decision-making.
• C)directing.
• D)planning.

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Definitions:

Compounded Quarterly

Refers to the application of the compound interest rate to an investment or loan on a quarterly basis.

Loan Balance

The remaining amount of money that a borrower must pay on a loan at any given time.

Compounded Semi-annually

Interest calculation method where interest is added to the principal twice a year, increasing subsequent interest calculations.

Loan Payment

The amount of money required to be paid back periodically (usually monthly) on a loan, including both principal and interest.