Functional Departmentalization Can Be Most Accurately Defined As

question 39

Multiple Choice

Functional departmentalization can be most accurately defined as:

• A)organizing work and workers into separate units responsible for particular kinds of customers.
• B)​organizing work and workers into separate units responsible for particular business operations or areas of expertise.
• C)organizing work and workers into separate units responsible for doing business in particular geographic areas.
• D)organizing work and workers into separate units responsible for producing particular products or services.
• E)a hybrid structure in which two or more forms of departmentalization are used together.

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Definitions:

Purchase Price

The amount of money paid to acquire a product or service.

Accounts Payable Period

The average period it takes a company to pay its invoices from suppliers and vendors.

Cash Expenses

Expenses that require an immediate outflow of cash, as opposed to non-cash expenses like depreciation.

Beginning Cash Balance

The amount of cash a company has at the start of a financial period.