Which of These Is an Organisation Structure That Divides the Major

question 54

Multiple Choice

Which of these is an organisation structure that divides the major functions of the organisation into separate companies?

• A) The diversification approach
• B) The team approach
• C) The BCG approach
• D) The network approach
• E) The functional approach

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Definitions:

T-account

A graphic representation of a general ledger account, used in accounting to visualize debits and credits.

Cross-referencing

The act of linking information between documents or sections within the same document to provide clarity and support for statements or claims.

Posting

The process of recording financial transactions in the appropriate accounts in the ledger of a business.

Prepaid Insurance

An asset account representing the advance payment for insurance coverage, which will be expensed over the period of coverage.