Organizational authority has all of the following characteristics except:
A. It is used vertically.
B. It is invested in a person's position.
C. It is accepted by subordinates.
D. It is used horizontally.
Answer: D
You might also like to view...
In which role might the accountant help meet the organization's AIS needs by selecting the final system for purchase?
a. consultant b. internal auditor c. external auditor d. none of the above
In the strategic planning process, what is the third stage in the process?
a. implementing and controlling strategies b. developing the mission c. developing strategies d. setting objectives
Which of the following is the best example of a company promoting sustainability?
A) a company adopting a code of marketing ethics B) a company contributing a portion of revenues to a specific nonprofit organization C) a company making its products out of recycled materials D) a company making special efforts to hire a multiculturally diverse staff E) a company using the social marketing concept
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records
Indicate whether the statement is true or false