Employees Organized According to a Matrix Structure Are Grouped by

question 55

Multiple Choice

Employees organized according to a matrix structure are grouped by

• A)functions and by experience.
• B)product and by geographic location.
• C)functions and by product.
• D)geographic location.

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Definitions:

Departmental Income Statements

Financial statements that show the operating results of each department within a company, highlighting revenues and expenses.

Profit Center

A branch or division of a business that is responsible for generating its own revenue and profit.

Cost Center

A department within an organization that does not directly add to profit but still incurs costs.

Indirect Expenses

Expenses that cannot be traced directly to one department.