Which of the Following Is Not a Component in the Definition

question 19

Multiple Choice

Which of the following is not a component in the definition of organization structure?

• A) It includes the design systems to ensure effective communication, coordination, and integration of effort across each position.
• B) It identifies the tasks and processes for each position within the organization.
• C) It identifies the grouping together of individuals into departments and of departments into the total organization.
• D) It designates formal reporting relationships, including the number of levels in the hierarchy and the span of control of managers and supervisors.

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Definitions:

Allowance Method

An accounting technique used to estimate and record bad debts expense by anticipating uncollectible accounts.

Note Receivable

A financial asset representing a written promise to receive a specific amount of money at a future date.

Dishonored Note

A promissory note that has not been paid by the maker at the time of maturity, resulting in default.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand.