Another name for the statement of financial position is the: A) ...

[silviawilliams41]

Another name for the statement of financial position is the:
 A) income statement.
  B) statement of owners' equity.
  C) earnings statement.
  D) statement of changes.
  E) balance sheet.

Question 2

The top management at a chain of coffee shops makes all of the decisions and delegates very little authority. What is the likely effect on the organization?
 A) More control, more responsive
  B) More control, less responsive
  C) Less control, less empowerment
  D) More efficiency, more empowerment
  E) Less control, more empowerment

[stillxalice]

Answer to Question 1

E

Answer to Question 2

B