An employee who has ________ is supposed to carry out specified tasks.

A. authority
B. span of control
C. coordination
D. responsibility
E. unity-of-command


Answer: D

Business

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If a partnership has been dissolved in violation of the partnership agreement, the ________.

A. remaining partners forfeit the right to wind up the business B. court appoints a representative as receiver to wind up the business C. court, by itself, liquidates the assets of the business D. innocent partners have the right to liquidate the partnership assets

Business

A rule that governs the internal processes of an administrative agency is called a(n) ________

A) substantive rule B) internal law C) procedural rule D) executive law

Business

During the month of February, Victor Services had cash receipts of $8100 and cash disbursements of $9800. The February 28 cash balance was $3000. What was the February 1 beginning cash balance?

A. $1700. B. $1300. C. $4700. D. $7300. E. $0.

Business

Firms spend millions of dollars annually to build brand equity, recognizing that brand equity contributes to

A. profitability. B. corporate stakeholder relations. C. brand liability. D. product mix breadth. E. perceived brand personality.

Business