The Shape of an Organization's Hierarchy Is Determined by Its

question 63

True/False

The shape of an organization's hierarchy is determined by its height, spans of control, and type of departmentalization.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to use and age.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Bank Borrowings

Funds that have been obtained from a bank through various types of loans.

Cash Management

The practice of collecting, managing, and investing cash in a way that meets the financial objectives of the organization.