The Unbroken Line of Authority That Extends from the Top

question 94

Multiple Choice

The unbroken line of authority that extends from the top of the organisation to the lowest echelon and clarifies who reports to whom is termed:

• A)authority
• B)chain of command
• C)power
• D)unity of command

---

Definitions:

Preferred Shareholders

Investors who hold preferred shares in a company, giving them priority over common shareholders in dividend payments and assets during liquidation.

Common Shareholders

Owners of common shares in a company, entitled to vote at shareholder meetings and receive dividends.

Lowest Terms

The simplest form of a fraction, where the numerator and the denominator are reduced to their smallest values.

Lowest Terms

This term is used in mathematics, particularly fractions, to describe a fraction that has been simplified to its smallest possible numerator and denominator.