Kara's Department Is Made Up of People with Similar Skills

question 19

Multiple Choice

Kara's department is made up of people with similar skills and work activities. Her organization uses the __________ approach to departmentalization.

• A) team-based
• B) matrix
• C) divisional
• D) vertical functional
• E) process

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Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.

Debt Repayment

The act of paying back money previously borrowed from a lender, typically according to a prearranged payment schedule.

Amortization

The systematic and rational allocation of the acquisition cost of an intangible asset over its useful life