The Internal Structure of an Organization or the Arrangement of Positions

question 84

Multiple Choice

The internal structure of an organization or the arrangement of positions in the organization into work units or departments and the interrelationships among these units or departments is known as organizational __________.

• A)charting
• B)engineering
• C)design
• D)management

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Definitions:

Uncollectibles

Debts owed to a company that are considered to be unlikely to be paid and written off as a loss.

Bad Debt Expense

An expense account reflecting amounts that are not expected to be collected from debtors due to their inability to pay.

Accounts Receivable

Funds that customers are required to pay to a company for products or services already received but yet to be paid for.

Investments Section

The investments section forms part of a company's financial statements, detailing all investments held by the company, including securities, bonds, and tangible assets held for long-term gains.