Which of the Following Statements Is True Regarding the Functional

question 34

Multiple Choice

Which of the following statements is true regarding the functional matrix organizational structure?

• A) In the functional matrix structure, team people are project people first and functional people second.
• B) In the functional matrix structure, both functional and project views are critical.
• C) The functional matrix structure involves the lowest degree of projectization.
• D) The functional matrix structure is the most useful for new-to-the-world products.

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Definitions:

U.S.GAAP

United States Generally Accepted Accounting Principles, a collection of rules and guidelines designed to improve and standardize accounting practices.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial condition at a specific time, including assets, liabilities, and shareholders' equity.

Depreciation Methods

Various techniques used to systematically allocate the cost of a tangible asset over its useful life, including straight-line, declining balance, and units of production methods.