$3.00 Indicate beside each statement below whether it is True (T) or False (F):
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Indicate beside each statement below whether it is True (T) or False (F):
_____ a. Informal as well as formal relationships within an organization are usually depicted on an organization chart.
_____ b. If an organization delegates decision making authority throughout the organization, it is said to be a centralized organization.
_____ c. Persons who directly make decisions are said to have line positions, while persons indirectly providing support toward the organization’s objectives are in staff positions.
_____ d. In today’s organizations, the CFO (Chief Financial Officer) is often a key person in top management whose role is considered critical in providing accounting and financial leadership and information for the organization.
_____ e. The CFO may have both the accounting (controller) and the treasury/cash functions reporting to him or her.
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- Posted on Jan. 11, 2012 at 02:16:57AM