In the context of organizing, the term _____ refers to the division of workers into logical groups.

A. employee separation
B. span of control
C. departmentalization
D. decentralization


Answer: C

Business

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Administrative performance review is an important component of the final project report. Which item is a key facet of administrative performance?

A) The method of assuring that project team members have adequate training B) The method of determining activity and resource costs C) The method of determining the number of signatures in the change order process D) The method of measuring stakeholder satisfaction

Business

Which of the following considerations in selecting the right intervention strategy allows a consultant to utilize influence strategies, such as persuasive communication?

a. Matching the intervention to the data and diagnosis b. Considering client readiness for change c. Deciding where to intervene first d. Considering depth of intervention

Business

In general, the cost of comprehensive and collision insurance is the most expensive part of your automobile policy and represents about 60% of the cost

Indicate whether the statement is true or false.

Business

During January 2018, the first month of operations, a consulting firm had following transactions:1. Issued common stock to owners in exchange for $20,000 cash. 2. Purchased $5,000 of equipment, paying $1,000 cash and signing a promissory note for $4,000. 3. Received $9,000 in cash for consulting services performed in January. 4. Purchased $1,500 of supplies on account; all of the supplies were used in January. 5. Provided consulting services on account in the amount of $16,000. 6. Paid $750 on account. 7. Paid $3,000 to employees for work performed during January. 8. Received a bill for utilities for January of $3,400; the bill remains unpaid. What is the amount to be reported as total liabilities on the balance sheet at the end of January?

A. $4,150 B. $8,150 C. $8,500 D. $4,750

Business