In a ________ Structure Each Business Unit Has Complete Autonomy

question 104

Multiple Choice

In a ________ structure each business unit has complete autonomy to reach its goals.

• A)simple
• B)functional
• C)divisional
• D)matrix

---

Definitions:

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow activities.

Financing Activity

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

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from total revenue.

Fiscal Year

It is a one-year period that companies and governments use for financial reporting and budgeting, which does not necessarily align with the calendar year.