Chain of Command

Chain of Command
A system outlining the hierarchy of authority and decision-making in organizations, where instructions flow downward and accountability flows upward.
Organogram (Organization Chart)
A visual representation of the hierarchical structure within an organization, depicting each manager's responsibilities and the chain of command.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.