When developing an organizational chart, you should:
A) Recommend dual titles for executives
B) Use the title "president" for the top person
C) Make sure that the chief financial officer is not at the same level as the chief operating officer
D) Have division presidents report to a chief operating officer
E) Have the controller or treasurer report directly to the president

Question

Quizplus · Accepted Answer

Having division presidents report to a chief operating officer allows for clear lines of communication and efficient decision-making within the organization. The CFO and COO can be at the same level, but it's important to have a clear reporting structure for all employees. Using dual titles can create confusion and having the controller/treasurer report directly to the president may not be necessary depending on the size and complexity of the organization. Using the title "president" for the top person is also not necessary, as other titles such as CEO or Managing Director can be used.

When Developing an Organizational Chart, You Should