A Project Organization Structure Where Team Members Are Assigned to the Project

question 110

Multiple Choice

A project organization structure where team members are assigned to the project and work exclusively for the project manager is called:

• A) a matrix structure.
• B) a fixed structure.
• C) a pure project structure.
• D) a functional structure.

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Definitions:

Gross Profit Method

This is an accounting technique used to estimate inventory value, calculating gross margin as a percentage of sales to find the cost of goods sold and ending inventory.

Markup on Cost

The percentage added to the cost of goods to cover overhead and profit, calculated by dividing the gross profit by the cost.