Fred Is a Grade D Manager in Lighthouse Infrastructure and Manages

question 79

Multiple Choice

Fred is a Grade D manager in Lighthouse Infrastructure and manages a small team of eight engineers. The company has 15 Grade D managers. He worked his way up from the lowest grade, Grade E, where he was one of 52 line managers and hopes to be promoted to Grade C soon, which would make him one of the six vice-presidents in the company. However, breaking into Grade B, comprising three presidents, will be a challenge. Only the CEO and COO occupy Grade A. Which of the following numbers represents Fred's span of management?

• A) 15
• B) 60
• C) 52
• D) 8
• E) 11

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Definitions:

Partial Goodwill Method

An accounting approach where goodwill is calculated only for the portion of a subsidiary owned by the parent company.

Non-controlling Interest

The portion of equity interest in a subsidiary not attributable directly or indirectly to the parent company.

Acquisition Date

The specific date on which control of one corporation is acquired by another, dictating the measurement of values for transaction accounting.

Subsidiary Entity

A company that is controlled by another company, known as the parent company, typically through ownership of more than half of its voting stock.