A Network of Benetton Retail Sales Agents Select the Benetton

question 90

Multiple Choice

A network of Benetton retail sales agents select the Benetton designs that they feel will appeal to Benetton retail customers.The responsibility for picking the next "hot style" is in the hands of this group.This is an example of which of the following?

• A) the matrix structure
• B) the committee structure
• C) the functional structure
• D) the subordinated structure

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Definitions:

Interest Due

The amount of interest that has been incurred on a loan or debt but has not yet been paid.

Maturity

The date on which a loan or bond comes due and the principal must be repaid or the date upon which an investment reaches its full value.

Adjusting Entry

An accounting entry made at the end of a period to allocate income and expenditure to the correct accounting period.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal, reflecting the net cash inflow that would be received if the goods were sold.