Which Type of Organizational Structure Combines Both Functional and Divisional

question 14

Multiple Choice

Which type of organizational structure combines both functional and divisional departmentalization, with dual lines of authority?

• A) divisional
• B) simple
• C) matrix
• D) functional

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Definitions:

Accounts Payable

Accounts payable are liabilities of a company that represent its obligations to pay off short-term debts to its creditors or suppliers.

Normal Debit Balance

Refers to the side (debit or credit) on which an account will typically report a balance, with assets and expenses usually having a normal debit balance.

Recorded By Credits

Transactions that increase liabilities, equity, or revenue, or decrease assets or expenses, reflected in the accounting records.

Increases

A rise in the value or quantity of something, such as assets, revenue, or profits.