A Manager with Few Subordinates Is Said to Have a

question 16

Multiple Choice

A manager with few subordinates is said to have a

• A) narrow span of control.
• B) flat organizational structure.
• C) managerial hierarchy.
• D) matrix structure.
• E) wide span of control.

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Definitions:

Cash Basis

An accounting method that recognizes revenues and expenses only when cash is exchanged.

Cash Basis

An accounting method where revenues and expenses are recorded only when cash is received or paid, regardless of when the transactions occurred.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor used in creating the good.

Direct Method

A cash flow statement presentation method that shows actual cash inflows and outflows from operating activities, as opposed to the indirect method which starts with net income and adjusts for non-cash transactions.