____________ Organizations Often Grow to Be Very Large But,____________ Remain

question 82

Multiple Choice

____________ organizations often grow to be very large but,____________ remain small and focused on personal relationships.

• A)international,local
• B)formal,informal
• C)production,service
• D)centralized,decentralized

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Definitions:

Spending Variances

The differences between the budgeted or planned amounts of spending and the actual amounts spent.

Customers Served

The total number of customers who receive service or products from a business within a given time period.

Revenue

The total amount of income generated from the sale of goods or services before any expenses are subtracted.

Spending Variances

Differences between the actual spending and the budgeted or planned spending in a given period, often analyzed in cost and managerial accounting.