The Major Drawback of the Matrix-Type Organization Is That It

question 10

Multiple Choice

The major drawback of the matrix-type organization is that it:

• A)can be used only for project work.
• B)requires split loyalty.
• C)decreases the efficiency of personnel use.
• D)decreases the coordination in a project work.

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Definitions:

Deposits In Transit

Deposits made by a company but not yet recorded by its bank, typically due to timing differences.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.

Adjusted Balance

The ending balance of an account after adjustments have been made for transactions, charges, or credits.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure accuracy and consistency.