Which of the Following Organizational Structures Is the Most Extensive

question 21

Multiple Choice

Which of the following organizational structures is the most extensive of those usually adopted by companies?

• A) Pyramid structure.
• B) Geographical division structure.
• C) Hierarchical structure.
• D) Global product division structure.
• E) Matrix structure.

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Definitions:

Variable Costing

A cost accounting method that only allocates variable production costs to products, while fixed costs are treated as period expenses.

Net Income

The net earnings of a business once all costs, taxes, and expenses have been deducted from its total income.

Inventory

The total amount of goods a company holds in stock, including raw materials, work-in-progress, and finished goods.

Variable Costing

An accounting method that only assigns variable costs to inventory, considering fixed costs as period expenses.