John Drone Toils Endlessly at Hurts Corporation on His Routine

question 99

Multiple Choice

John Drone toils endlessly at Hurts Corporation on his routine assignment and also on a number of project teams.His annual evaluation features input from his line manager and each of the project managers,all of whom have equal say in how his 12-hour work day is partitioned.John Drone is employed by a:

• A)functional organization.
• B)project organization.
• C)cross-functional organization.
• D)matrix organization.

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Definitions:

Expenses

Monetary outflows or costs incurred in an entity's operations.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the owner's claim on the business assets.

Net Income

The total earnings of a company after deducting all expenses and taxes from total revenue.

Drawings

Amounts withdrawn by the owner(s) of a business for personal use.