This Structure Allows for Duplication and Might Increase Costs, but It

question 53

Multiple Choice

This structure allows for duplication and might increase costs, but it, nevertheless, is considered effective in creating competitive advantage for the firm.

• A)Product division structure
• B)International division structure
• C)Worldwide division structure
• D)None of the above

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Definitions:

Transaction

An agreement or exchange between two parties that is recorded and has an economic impact on the finances of a business.

Journal

A detailed record where all financial transactions of a business are initially recorded, before being transferred to the general ledger.

Posting Reference

A notation or code that links journal entries to the corresponding ledger accounts, facilitating tracking and reviewing of financial transactions.

Journal Page Number

The specific page number in a journal where transactions are recorded, aiding in tracking and referencing financial activities.