Disadvantages of ____ Departmentalization Include Slower Decision Making, the Development

question 24

Multiple Choice

Disadvantages of ____ departmentalization include slower decision making, the development of managers and workers with narrow experience and expertise, and makes it more difficult for cross-departmental coordination.

• A)product
• B)customer
• C)geographic
• D)functional
• E)hierarchical

---

Definitions:

IFRS

International Financial Reporting Standards, a set of global accounting standards for financial reporting.

U.S. GAAP

United States Generally Accepted Accounting Principles, which are a set of rules and standards for financial reporting.

Long-Lived Asset

Assets used in the operations of a business that are expected to provide economic benefits for a period longer than one year.

Net Book Value

The value of an asset after subtracting accumulated depreciation from its original cost, synonymous with carrying value but rephrased for clear understanding.