Explain in a General Sense What About Structure We Can

question 30

Essay

Explain in a general sense what about structure we can and cannot learn from an organization's flow chart. What structural and contextual variables that we study in organization theory appear on the organization chart?

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Definitions:

Adjusting Entry

An accounting entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.

Expenses

Costs incurred by a business in the process of earning revenue, including operational costs, wages, and utilities, reflected on the income statement.

Straight-Line Depreciation

A system for allocating the expenditure of a material asset across its life expectancy in identical yearly figures.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life to date.