Which of the Following Characteristics Is NOT Associated with a Functional

question 20

Multiple Choice

Which of the following characteristics is NOT associated with a functional organization?​ 

• A) Everyone in the organization reports up through one and only one supervisor. 
• B) Resources are easily shared between departments and projects. 
• C) There are clear lines of authority according to type of work. 
• D) Staff is grouped by areas of specialization.

Determine the factors that do not contribute to or negatively impact labor productivity growth.

Understand the principles of loan amortization and the calculation of periodic payments and interest.

Calculate and interpret the effective annual rate (EAR) of a loan with different compounding periods.

Distinguish between simple and compound interest and understand the impact of compounding frequency on the total interest paid.

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Definitions:

Peripheral Activities

Operations or tasks that are not central to the main business or objectives of an organization, but may still generate revenue or provide support.

Cash Dividend

A payment made by a company out of its earnings to shareholders in the form of cash.

Retained Earnings

The portion of net income left over after dividends have been distributed to shareholders, reinvested into the company.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.