The Matrix Approach Violates What Classical Principle

question 72

Multiple Choice

The matrix approach violates what classical principle?

• A)unity of command
• B)decentralisation
• C)customer focus
• D)linear lines of responsibility
• E)large spans of control

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Definitions:

Interest

The charge for borrowing money, calculated as a percentage of the amount borrowed, or the return earned on invested funds.

Notes Receivable

Financial assets representing rights to receive payments of principal and interest from debtors under terms specified in promissory notes.

Interest

The cost of borrowing money or the return on investment for savings and investments, often expressed as a percentage.

Adjusting Entry

An amendment added to the accounting records to accurately reflect the revenues earned and expenses incurred during a period.