Which of the Following Is Unlikely to Be a Primary

question 32

Multiple Choice

Which of the following is unlikely to be a primary building block in a company's organizational structure?

• A) Functional departments (both line and staff functions).
• B) Process and operations departments.
• C) Empowered employee departments.
• D) Divisional units performing one or more major processing steps along the value chain (components manufacture,assembly,distribution).
• E) Geographic organizational units.

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Definitions:

FIFO Perpetual

An inventory valuation method where the first items purchased (First In) are the first ones to be used or sold (First Out) on a continuous basis.

LIFO Perpetual

A method of inventory valuation which assumes that the last items placed in inventory are the first ones sold, applied continuously throughout the accounting period.

Weighted Average

This is a calculation method that takes into account the varying degrees of importance of the numbers in a data set, giving different weights to some of the data points.

Moving Average

A calculation used to analyze data points by creating a series of averages of different subsets of the full data set.