A _____ Is a Structure That Organizes a Company by Groups

question 7

Multiple Choice

A _____ is a structure that organizes a company by groups that form to work on a project, and then dissolve once the project is complete.

• A) network structure
• B) matrix structure
• C) functional structure
• D) divisional structure

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Definitions:

Cost Object

The object or segment of operations to which costs are related for management’s use, such as a product or department.

Machine Operator

An individual responsible for running the machine effectively, performing maintenance, and ensuring smooth operation during the production process.

Direct Labor

Labor costs that can be easily traced to the production of specific goods or services.

Factory Overhead

Refers to the indirect costs associated with manufacturing, not directly tied to a specific unit of product, such as utilities and maintenance expenses.