In , Each Project Is Operated Like a Mini-Company

question 43

Multiple Choice

In , each project is operated like a mini-company.

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

---

Definitions:

Written Off

Refers to the accounting action of declaring that a portion of a debt or asset value is considered uncollectable or worthless.

Uncollectibles

Accounts receivable that are recognized as not being collectible, representing losses to the company.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total receivables on the balance sheet by an amount estimated to be uncollectible.

Uncollectible Accounts

These are debts that cannot be collected by a business, typically due to the debtor's inability to pay.