Each Concentrates on Performing Its Own Activities in Support of the Company's

question 55

Multiple Choice

Each concentrates on performing its own activities in support of the company's business mission.

• A)autonomous project organisational structure
• B)functional organisational structure
• C)matrix organisational structure
• D)project management office

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Definitions:

Direct Method

A way of preparing the cash flow statement where actual cash inflows and outflows from operating activities are reported, as opposed to the indirect method.

Operating Expenses

The costs associated with the normal operations of a business, such as rent, utilities, and payroll, excluding cost of goods sold.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash transactions.