Which of the Following Types of Organizations Is Most Likely

question 79

Multiple Choice

Which of the following types of organizations is most likely to be characterized by clearly defined roles, decision-making authority, rules, and standard operating procedures?

• A) an organic organization
• B) a bureaucratic organization
• C) a flat organization
• D) a vertically differentiated organization

Understand the separation of standard costs into two components for detailed variance analysis.

Recognize the need for updating standard costs in response to changes in production specifications, labor contracts, and material costs.

Understand the concept and calculation of direct labor variances, including rate and time variances.

Identify and calculate direct materials variances, including price and quantity variances.