Span of control means:

(A) number of officials with superior

(B) number of superior over the subordinates

(C) number of subordinates under the superior

(D) None of these

Answer: (C) number of subordinates under the superior

By nature debenture is a/an:

(A) asset

(B) expense

(C) liability

(D) capital

Answer: (C) liability

No, debentures are long-term liabilities of the company as it must be repaid in the future.