How Is an Organization with a Relatively Flat Sales Structure

question 149

Multiple Choice

How is an organization with a relatively flat sales structure best described?

• A) as moderately specialized with centralized decision-making authority
• B) as highly decentralized with a large span of control
• C) as moderately specialized with decentralized decision-making authority
• D) as highly centralized with a small span of control

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Definitions:

Installment Accounts Receivable

Amounts owed by customers for purchases made on credit that are to be paid in regular, periodic installments.

Non-current Asset

An asset that is not expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Promissory Note

A written promise to pay a specified amount of money to a certain entity on demand or at a fixed or determinable future time.

Future Date

A specified day in the future, often related to scheduling events, deadlines, or financial transactions.