A Market Structure Is One Where an Organization

question 55

Multiple Choice

A market structure is one where an organization:

• A) groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills.
• B) groups products into separate divisions according to their similarities or differences.
• C) groups products into separate divisions according to the needs of the different geographical regions the company serves.
• D) groups products into separate divisions according to the needs of different customers.
• E) is said to be organized by more than one dimension at the top level.

---

Definitions:

Equity Method

The equity method is an accounting technique used for recording investments in associate companies, recognizing the investor’s share of profits or losses which is proportional to their investment.

Investor's Financial Statements

Financial reports prepared to give shareholders and potential investors insight into a company's financial status and operations.

IAS 28

An International Accounting Standard governing the accounting for investments in associates and joint ventures.

Equity Method

An accounting technique used to assess the investments in other companies where the investor has significant influence but not full control.