According to the Textbook, the Use of Information and Communications

question 32

Multiple Choice

According to the textbook, the use of information and communications technology in corporations has reduced the rigid hierarchical structure of corporations, but at the same time it has created:

• A) a two-strata employment system of technology experts and less autonomous clerical workers.
• B) telecommuters who are totally disconnected from the corporate culture.
• C) a three-strata employment system of powerful managers, autonomous technology experts, and less autonomous clerical workers.
• D) unhappiness and incompetence among employees who are telecommuters.

---

Definitions:

Missing Amounts

Figures or data that are not included in financial statements or records, requiring adjustments or calculations to determine.

Income Statement

A financial statement showing a company's revenue, expenses, and profit or loss over a specific period, often quarterly or annually.

Inventory Unit Costs

The costs associated with obtaining or producing a single unit of inventory, encompassing material, labor, and overhead.

Average Cost Method

An inventory valuation method that assigns the average cost of all similar items in the inventory until they are sold.