Which of the Following Is True of Matrix Structures

question 64

Multiple Choice

Which of the following is true of matrix structures?

• A)In matrix structures,employees are responsible to two managers.
• B)Matrix structures are rarely temporary.
• C)Matrix structures are generally inexpensive and simple.
• D)In matrix structures,the problem of intersecting lines of authority is eliminated.
• E)Matrix structures reduce flexibility and creativity with an organization.

---

Definitions:

Deferred Charges

Costs or expenses that are incurred in one period but are not reported until a future period on the income statement.

Balance Sheet

An account statement that outlines the financial position of a company, including what it owns, owes, and the equity interest of its investors at a given time.

Fair Value Measurements

Assessments of the estimated market value of an asset or liability, based on assumptions about risk and the valuation techniques used.

GAAP Hierarchy

A framework that categorizes the importance and authority of different accounting principles and guidelines in the U.S. Generally Accepted Accounting Principles (GAAP).