An Organizational Structure Where Employees Are Grouped According to Their

question 69

Multiple Choice

An organizational structure where employees are grouped according to their specialties best defines

• A)functional structure.
• B)matrix structure.
• C)departmental structure.
• D)virtual structure.

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Definitions:

Non-Controlling Interest

The equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Consolidated Shareholders' Equity

This is the total equity owned by shareholders as reported in the consolidated financial statements of a parent company and its subsidiaries.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee, typically through owning a large percentage of its stock.

Cost Method

An accounting method used to value an investment, based on the cost to acquire it plus any additional investments or deducting any reductions.