________ Structures Promote Flexibility, So People Initiate Change and Can

question 18

Multiple Choice

________ structures promote flexibility, so people initiate change and can adapt quickly to changing conditions.

• A) Mechanistic
• B) Standardized
• C) Organic
• D) Centralized

---

Definitions:

Non-sufficient Funds

A situation where a bank account does not have enough money to cover a transaction, often resulting in a fee.

Uncollectible Account

An account receivable that is deemed unrecoverable from a debtor, often written off as a bad debt by the company.

Purchases Journal

A specialized accounting journal used to record all purchase transactions, typically for inventory or supplies.

Open Transaction

Any financial transaction that has been initiated but not yet completed or settled.