The Increase in the Length of the Organization's Hierarchy Is

question 38

Multiple Choice

The increase in the length of the organization's hierarchy is called

• A)horizontal growth.
• B)vertical growth.
• C)span of control.
• D)organizational structure.

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Definitions:

Full-cost Method

Accounting practice where all direct and indirect fixed and variable costs are allocated to inventory until the products are sold.

IFRS

A set of accounting standards named International Financial Reporting Standards, developed globally by the International Accounting Standards Board (IASB).

Expensed

Refers to the accounting practice of recognizing a cost as an expense in the income statement in the period it is incurred.

Maintenance

The process of preserving a condition or situation or the process of keeping something in working order by regularly servicing it.