A Company That Is Based on a Direct Flow of Authority

question 94

Multiple Choice

A company that is based on a direct flow of authority from the top executive to subordinates is known as a _____ organization.

• A)matrix
• B)committee
• C)line
• D)line-and-staff

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Definitions:

Total Assets Ratio

A financial metric used to assess the proportion of a company's assets that are financed by its shareholders.

Average Total Assets

Average total assets is a metric that represents the average value of all the assets owned by a company over a specific time period, indicating the company's asset size and usage efficiency.

Financing Activities

Transactions that involve raising capital and repaying investors, influencing the equity and debt of a company.

Operating Activities

Activities that constitute the primary or main activities of a business, directly related to its operations and core business activities.