Within an Organizational Structure,the Person Most Likely to Be Evaluated

question 74

Multiple Choice

Within an organizational structure,the person most likely to be evaluated in terms of controllable costs would be:

• A) A payroll clerk.
• B) A cost center manager.
• C) A production line worker.
• D) A maintenance worker.
• E) A graphic designer.

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Definitions:

Book Value

The worth of an asset as indicated by its balance sheet account balance, which considers the asset's original cost less any depreciation, amortization, or impairment charges.

Dividends in Arrears

Unpaid dividends on preferred stock that accumulate until paid by the corporation, often before any dividends can be paid on common stock.

Par Value

A nominal or face value assigned to a share of stock, bonds, or other securities as stated in the corporate charter or on the stock certificate.

Dividend Rate

The amount of dividend that a company pays out to its shareholders annually, usually expressed as a percentage of the stock's current market price or as a fixed amount per share.