Question

What does an organization chart define?

a.

Only functional responsibility

b.

Only delegation of authority

c.

Only reporting system

d.

Functional relationship, delegation of authority and responsibility, and reporting system

Posted under IC 89 Management Accounting

Answer: (d).Functional relationship, delegation of authority and responsibility, and reporting system Explanation:An organization chart is a statement defining functional relationship, delegation of authority and responsibility, and reporting system of executives and employees responsible for the accomplishment of organizational goals and objectives.

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