Controlling Does All of the Following EXCEPT

question 80

Multiple Choice

Controlling does all of the following EXCEPT:

• A)Makes sure that performance by individuals and groups is consistent with plans.
• B)Ensures that objectives and accomplishments of various subgroups of the organization are consistent with each other in a means-ends fashion.
• C)Secures adequate financing for the enterprise.
• D)Makes sure employees comply with organizational policies and procedures.
• E)Ensures that the right things happen,in the right way,at the right time.

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Definitions:

Corporations

Businesses that are legally recognized as separate entities from their owners, having their rights and liabilities.

Single Taxation

A tax system where income is taxed only once, typically referring to how corporate profits are taxed at either the corporate or shareholder level but not both.

Mutual Agency

A principle in partnerships where each partner has the power to bind the entire partnership to a contract or agreement.

Limited Liability

A principle where a company's shareholders are legally responsible for its debts only to the extent of the amount of capital they invested.