When the Standard Departments of the Organization Represent Individual Disciplines

question 25

Multiple Choice

When the standard departments of the organization represent individual disciplines such as engineering,marketing,purchasing,and so on,the organization follows __________.

• A)projectized management
• B)matrixed management
• C)functional management
• D)mixed management

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Definitions:

Qualified Pension Plan

A retirement plan that meets the requirements of the Internal Revenue Code, thereby offering tax advantages such as deferred taxation on earnings.

Nontaxable

Describes income or transactions that are not subject to income tax by law or specific exemption.

Fully Taxable

Income that is subject to tax at the regular rates without any deductions or exemptions.

Coverdell Education Savings Account

A tax-advantaged investment account in the United States designed to encourage savings to cover future education expenses.