The Number of Persons Reporting Directly to a Single Manager

question 106

Multiple Choice

The number of persons reporting directly to a single manager is an organizational issue relating to __________.

• A)Functional authority.
• B)Centralization.
• C)Line and staff relationships.
• D)Informal structures.
• E)Span of control.

---

Definitions:

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing or repurchasing equity and debt.

Financial Assets

Assets that derive value because of a contractual right or ownership claim, including stocks, bonds, and bank deposits.

Ratio Analysis

A quantitative analysis of information contained in a company’s financial statements, used to evaluate the performance, liquidity, profitability, and solvency of the business.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.