Answer the following statement(s) true (T) or false (F)
In a management structure, there is a need for clearly defined authority and responsibility.
ANSWER: True
You might also like to view...
During periods of consistently falling prices, the FIFO inventory method will produce the highest possible amount of net income
Indicate whether the statement is true or false
ServProf Inc is a financial consulting firm that is currently recruiting new employees. One of the policies of the company states that an employee should agree to work in the company for a minimum of one year, and this requires every employee to sign a contract with the company. Employees who accept the job offer agree to this policy, and it does not affect them. However, it is against the law
for companies to follow such a policy. In this scenario, ServProf has engaged in _____ behavior.? A) ?illegal and unethical B) ?illegal yet ethical C) ?legal yet unethical D) ?legal and ethical
Harriett raises and sells hippos. In order to keep her hippos happy and healthy, she feeds them Hippo Chow, which she buys from the local pet store. Under the UCC, Harriett is
a. a merchant of both hippos and Hippo Chow. b. a merchant of hippos, but not of Hippo Chow. c. a merchant of Hippo Chow, but not of hippos. d. not a merchant of either hippos or Hippo Chow.
Can an OSHA inspection officer enter into any premises?