Eric Is Offered a Chance to Help Direct the Efforts

question 43

Multiple Choice

Eric is offered a chance to help direct the efforts of some employees assigned to his work group.Eric sees this new assignment as an increase in ________,or an obligation or expectation for him to perform at a new level.

• A)authority
• B)responsibility
• C)functional structure
• D)divisional structure

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Definitions:

Cash Account

An account that shows the amount of cash a company has on hand or in the bank.

Cash Dividends

Profit distributions paid out by a corporation to its shareholders.

Net Income

The company's overall earnings following the subtraction of all costs, taxes, and expenses from the total income.

Investing Activities

Transactions related to the acquisition or disposal of long-term assets and investments, usually reflected in the investing section of the cash flow statement.