question 15 (2.5 points) organizing jobs into manageable divisions according to some reasonable scheme is…

question 15 (2.5 points) organizing jobs into manageable divisions according to some reasonable scheme is known as delegation departmentalization centralization specialization span of management question 16 (2.5 points) the most liquid asset is sales accounts receivable marketable securities cash capital

question 15 (2.5 points) organizing jobs into manageable divisions according to some reasonable scheme is known as delegation departmentalization centralization specialization span of management question 16 (2.5 points) the most liquid asset is sales accounts receivable marketable securities cash capital

Answer

Brief Explanations:

  • For Question 15: Departmentalization is the process of grouping jobs into manageable divisions based on some logical criteria like function, product, etc. Delegation is about assigning tasks and authority. Centralization is about decision - making power concentration. Specialization is about focusing on specific tasks. Span of management is about the number of subordinates a manager can effectively manage.
  • For Question 16: Liquidity refers to how easily an asset can be converted into cash. Cash is already in the most liquid form. Sales is revenue, not an asset. Accounts receivable need to be collected to become cash. Marketable securities may need time to be sold. Capital is a broader term and not the most liquid asset.

Answer:

Question 15: B. departmentalization Question 16: D. cash