A(n) _________Groups Together People Who Work on the Same Product

question 59

Multiple Choice

A(n) _________groups together people who work on the same product or processes, serve similar customers, and/or work in the same area or geographic region.

• A)matrix structure
• B)divisional structure
• C)functional structure
• D)informal structure

---

Definitions:

Financial Statements

Reports that summarize an entity's financial position, performance, and cash flows, including balance sheet, income statement, and statement of cash flows.

Income Statement Approach

A method of calculating adjustments to income, focusing on items that affect the income statement directly.

Balance Sheet Approach

A method of evaluating or preparing financial statements focusing on the balances of assets, liabilities, and equity at a specific point in time.

Estimating Bad Debts

The process of forecasting the amount of credit sales that are not expected to be collected, to account for potential losses.