The Designers at Fhontrake, a Designer Tailor Shop, Are Organized

question 44

Multiple Choice

The designers at Fhontrake, a designer tailor shop, are organized into departments such as men's wear, women's wear, children's clothing, or infants' clothing based on the clients for whom they specialize in designing clothes. Given this information, which of the following organizational structures does Fhontrake most likely follow?

• A) Customer departmentalization
• B) Product departmentalization
• C) Functional departmentalization
• D) Geographic departmentalization

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Definitions:

Balance Sheet Account Balances

The values at a specific point in time for assets, liabilities, and equity accounts as represented in a company's balance sheet.

Accounting Period

A specific time frame for which financial information is reported, commonly a year, quarter, or month.

Equality

A principle in accounting that refers to the balance between total debits and total credits in a double-entry bookkeeping system.

Post-Closing Trial Balance

A list of all active general ledger accounts and their balances after closing entries have been posted, used to check the accuracy of closing procedures.