set of basic principles, concepts, assumptions, and procedures that determine the methods of recognizing, measuring, recording, and reporting as an entity's financial transactions.
PA211 Classical Theory

Quiz
•
Business
•
12th Grade - Professional Development
•
Medium
Jesa Barres
Used 4+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Planning
Controlling
Accounting
Financing
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_____________is the traditional theory, wherein more emphasis is on the organization rather than the employees working therein.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the whole personnel function of bringing in and training the staff and maintaining favorable conditions of work.
Staffing
Planning
Accounting
Directing
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
______this is the continuous task of making decisions and embodying them in specific and general orders and instructions and serving as the leader of the enterprise.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Establishment of the formal structure of authority through which work sub- divisions are arranged , defined and coordinated for the defined objectives.
Planning
Organizing
Controlling
Directing
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is keeping informed those to whom the executive is responsible as to what is going on. This includes keeping oneself and one’s subordinates informed through records, research and inspection.
Budgeting
Reporting
Planning
Organizing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Luther Gulick and Lyndall Urwick supports Classical Theory as an art
True
False
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