A Characteristic That Both Unit Production and Process Production Have

question 118

Multiple Choice

A characteristic that both unit production and process production have is that the most effective organisational structure for both technologies is ________.

• A)organic
• B)mechanistic
• C)adhocracy
• D)matrix
• E)team

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Definitions:

Purchase Method

An accounting technique used to consolidate the financial statements of a buying entity and its target, where the purchase transaction is treated as an acquisition and the buyer revalues the target company's assets and liabilities at their current fair market values.

Net Working Capital

The difference between a company's current assets and its current liabilities, indicating the liquidity of the business.

Fixed Assets

Long-term tangible assets held for business use and not expected to be converted to cash in the short-term, such as buildings, machinery, and equipment.

Book Value

The net value of a company's assets, less its liabilities and intangible assets, as recorded on the balance sheet.