Most capital budgeting methods focus on accrual-based income

Foley Manufacturing Corporation purchased 3,000 shares of its own previously issued $10 par common stock for $69,000. As a result of this event,

a. Foley's Common Stock account decreased $30,000. b. Foley's total stockholders' equity decreased $69,000. c. Foley's Paid-in Capital in Excess of Par Value account decreased $39,000. d. All of the above.

_________ refers to the level of responsibility and decision-making authority which is transferred to each specific managerial position.

A. Managerial hierarchy B. Hierarchy requirements C. Decision-Making control D. Span of control E. Nature of the work