Which of the Following Is an Advantage of a Network

question 115

Multiple Choice

Which of the following is an advantage of a network structure?

• A) Network structures are lean and fast.
• B) If one part of the network breaks down or fails to deliver, the other parts of the network will continue working.
• C) A network structure is characterized by technology that enables the organization to have control over activities contracted out.
• D) A network structure has an efficient vertical management system.
• E) Network structures have a relatively large central core that gives them stability.

Identify the normal balances of different types of accounts (assets, liabilities, equity).

Recognize the structure and purpose of T accounts and journal entries.

Understand the impact of transactions on shareholder's equity.

Distinguish between the recording of revenues and expenses and their impact on financial statements.

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Definitions:

Current Price

Refers to the present market value of a product, security, or commodity.

Net Operating Income

This represents the profit a company generates from its core business operations, excluding expenses from interest and taxes.

Price Reduction

A decrease in the selling price of goods or services, often used as a strategy to increase demand or sales volume.

Sales Forecast

An estimate of the amount of goods or services a company expects to sell in a future period.