Which of the Following Management Functions Arranges People and Resources

question 73

Multiple Choice

Which of the following management functions arranges people and resources for work?

• A) Planning
• B) Organizing
• C) Leading
• D) Controlling

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Definitions:

Indirect Method

A technique for preparing the cash flow statement, where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.

Financial Statements

Compiled reports that convey the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Net Cash Flow

The difference between a company's total cash inflows and outflows during a specific period.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period.