A Key Difference Between a Team Structure and a Matrix

question 134

Multiple Choice

A key difference between a team structure and a matrix structure is that a team structure ________ while a matrix structure does not.

• A)empowers group members
• B)works on projects
• C)has fairly permanent groups or teams
• D)holds group members accountable

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Definitions:

Equity Method

An accounting technique used for recording investments in associate companies where the investment is initially recorded at cost and subsequently adjusted for the investor’s share of the net profits or losses of the investee.

Consolidation Worksheet Entries

Journal entries used in preparing consolidated financial statements, helping to adjust and eliminate internal transactions between parent and subsidiary entities.

Fair Value

An estimate of the price at which an asset or liability could be exchanged in a current transaction between willing parties.

Unamortized Patent

The portion of a patent's cost that has not yet been expensed in the income statement over its useful life.