Which of the Following Structures Is the Leanest of All

question 105

Multiple Choice

Which of the following structures is the leanest of all organization forms because little supervision is required?

• A) Functional approach
• B) Virtual network approach
• C) Team approach
• D) Matrix approach
• E) Divisional approach

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Definitions:

Residual Value

The estimated salvage value of an asset at the end of its useful life, used in calculating depreciation.

Depreciation

The process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in their value over time.

Intangible Asset

An asset that lacks physical substance but is identifiable and provides economic benefits to the entity, such as patents, trademarks, and copyrights.

Fixed Asset

Long-term tangible property used in the operation of a business and not expected to be consumed or converted into cash in the near term.