What Is a Consequence of Restructuring

question 99

Multiple Choice

What is a consequence of restructuring?

• A)increase in the size of departments
• B)loss of jobs
• C)increase in hierarchical levels
• D)increase in customer satisfaction
• E)improvement in morale of employees

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Definitions:

Letter of Credit

A financial document issued by a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.

Bank Loan

A bank loan is a sum of money borrowed from a bank that must be repaid with interest over a predetermined period.

Receivables Balance

The complete amount of financial liabilities customers hold towards a company for supplied goods or services awaiting payment.

Accounts Receivable Period

The amount of time it takes for a company to collect payment from its customers after a sale has been made.