__________ Is the Basis for Grouping Positions into Departments and Departments

question 91

Multiple Choice

__________ is the basis for grouping positions into departments and departments into the total organization.

• A) Departmentalization
• B) Centralization
• C) Decentralization
• D) Formalization
• E) Specialization

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Definitions:

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used, but not yet paid for.

Net Sales

Total revenue from sales less returns, allowances, and discounts.

Sales Discounts

A reduction in the price of goods or services offered to customers, typically to prompt early payment or bulk purchases.

Sales Returns

Transactions where a buyer returns previously purchased merchandise back to the seller, leading to a refund or credit.