The Unity-Of-Command Principle States That ________

question 67

Multiple Choice

The unity-of-command principle states that ________.

• A) managers should limit their oversight to a maximum of 12 employees
• B) managers should oversee 1-4 employees on average
• C) an individual should be directly responsible to only one supervisor
• D) managers should provide direction to their employees in a unified fashion
• E) employees should report directly to two supervisors to maintain task balance

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Definitions:

Adjusted Trial Balance

A list of all the accounts and their final balances after adjustments, used to prepare financial statements.

Classified Balance Sheet

A balance sheet that organizes assets and liabilities into subcategories such as current and non-current for more detailed financial analysis.

Closing Process

The closing process involves the steps taken to prepare the accounts for the next accounting period by closing out temporary accounts and moving their balances to permanent accounts.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used to prepare financial statements.