​Am M-Form of an Organization Is One in Which

question 26

Multiple Choice

​Am M-form of an organization is one in which

• A)​Each division performs a single task
• B)Each division performs all the tasks necessary to serve a particular type of  customer
• C)Each division performs all the tasks necessary to serve all the customers of a particular geographical area
• D)​Both B&C

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Definitions:

Outstanding Checks

Checks that have been written and recorded in the issuing account but have not yet been cashed or cleared by the bank.

Checks Outstanding

Checks outstanding refer to checks that have been written and recorded in accounting books but have not yet been cashed or cleared by the bank.

Deposits In Transit

Funds that have been received and recorded by a company but have not yet been recorded by the bank.

Outstanding Checks

Checks that have been written and recorded in the check register but have not yet been cashed or cleared by the bank.