Which of the Following Statements Is Not True with Regard

question 106

Multiple Choice

Which of the following statements is not true with regard to automatic stabilizers?

• A)​The most important automatic stabilizer is the tax system.
• B)​They act as shock absorbers to the economy.
• C)​They require legislative action.
• D)​Automatic stabilizers like government transfer payments change as business cycles conditions change.

Comprehend the hierarchy of authority and its significance in organizing work positions.

Recognize the role of process controls in organizational management.

Grasp the function and limitations of organization charts in depicting work relationships.

Understand the use and implications of modern controls in organizational management by exception.

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Definitions:

Guideline

A set of recommended practices or instructions that provide direction or advice on how to proceed in a particular area or situation.

Low-Level Managers

Individuals who hold positions of authority at the lower tiers of an organization’s hierarchy, typically responsible for managing frontline employees and day-to-day operations.

Implementing Programs

The process of putting plans or projects into action to achieve desired goals or outcomes.

Long-Range Plans

Strategic plans that outline goals and objectives for a long-term period, usually extending several years into the future.