In This Structure, Team Members Are Assigned from the Functional

question 65

Multiple Choice

In this structure, team members are assigned from the functional units of the organization. The team members remain a part of their functional units and typically are not dedicated to the project.

• A) Pure project
• B) Modified project
• C) Functional project
• D) Hybrid project
• E) Matrix project

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Definitions:

Equipment

Tangible assets used in operations, such as machinery and computers, which are not intended for sale.

Owner's Equity

Owner's equity is the residual interest in the assets of the entity after deducting liabilities, representing the owner's claim on the business assets.

Income Statement

A report detailing a company's income and expenditures within a certain time frame, leading to a profit or deficit.

Balance Sheet

A report on finance that outlines a firm's assets, debts, and owners' equity at a certain time, offering a framework for determining returns and analyzing its capital composition.