Select the appropriate definition for each of the items listed below.
-Positions that are supportive in nature and have only indirect responsibility for an organization's basic objectives
A)Financial accounting
B)Managerial accounting
C)Planning
D)Controlling
E)Decision making
F)Value chain
G)Continuous improvement
H)Line positions
I)Time
J)Total quality management
K)Lean accounting
L)Staff positions
M)Controller
N)Treasurer
O)Ethical behaviour

Question

Quizplus · Accepted Answer

Staff positions are those that provide support to line positions, which have direct responsibility for achieving an organization's objectives.

Answer: M
 The Controller is a staff position that is responsible for financial accounting, managerial accounting, and controlling.

Answer: N
 The Treasurer is a staff position that is responsible for managing an organization's financial assets and liabilities.

Answer: H
 Line positions have direct responsibility for achieving an organization's objectives and are often involved in decision making and planning.

Answer: O
 Ethical behavior refers to conduct that is morally and socially responsible and aligns with an organization's values and principles. It is important for all positions within an organization to exhibit ethical behavior.

Select the Appropriate Definition for Each of the Items Listed