-Reference Organization Chart 3.2. This Structure

question 10

Multiple Choice

-Reference Organization Chart 3.2. This structure:

• A) has caused high levels of bureaucracy.
• B) should be changed immediately to a horizontal grouping if the company is growing.
• C) would have increased the span of control for the General Manager when the Assistant Manager position was added.
• D) could have a weakness of slow response to environmental changes that require coordination across functional areas.

---

Definitions:

Funeral Expenses

Costs incurred for services and materials related to the burial or cremation of a deceased individual.

Journal Entry

A notation in financial records that captures the debit and credit movements across accounts resulting from business transactions.

Fair Value

An estimate of the market value of an asset or liability, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.