Which of the Following Terms Refers to a Structure Where

question 30

Multiple Choice

 Which of the following terms refers to a structure where many employees have two bosses (one divisional and one functional) with equal authority in the organization?

• A) Functional structure
• B) Divisional structure
• C) Matrix structure
• D) Network structure

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Definitions:

MACRS 3-Year Class

A category under the Modified Accelerated Cost Recovery System (MACRS) for depreciating certain types of business property over three years.

Amortized

Amortization is the process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Residual Value

The estimated value of an asset at the end of its useful life.

Lease Terms

The conditions under which a lease will be granted, including duration, payment intervals, fees, restrictions, and penalties.