Which One of the Following Is the Most Widely Used

question 19

Multiple Choice

Which one of the following is the most widely used basis for departmentalization?

• A)customer
• B)work functions
• C)geography
• D)matrix
• E)product or service

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Definitions:

Average Balance

The mean value of all balances held in an account over a certain period, often used to calculate interest in banking.

Ending Balance

The final amount in an account at the end of an accounting period, reflecting all transactions.

Discontinued Operation

A component of a business that has been sold, abandoned, or otherwise disposed of, which is reported separately from continuing operations on financial statements.

Income Statement

A financial report that shows a company's revenues, expenses, and profit over a particular period.