Divisional Departmentalization Is a Division of Labor Through the Formation

question 109

True/False

Divisional departmentalization is a division of labor through the formation of work units or groups within an organization.

---

Definitions:

Units

In accounting and financial reporting, it can refer to a measure of quantity, such as items sold or produced.

Perpetual Inventory System

An inventory management system that updates inventory records for each purchase and sale in real-time.

Gross Method

An accounting practice where purchases are recorded at their gross price without deducting any cash discounts.

Invoice Price

The price indicated on an invoice, representing the cost of goods or services purchased.