Which of the Following Is a Characteristic of a Mechanistic

question 100

Multiple Choice

Which of the following is a characteristic of a mechanistic organization?

• A)Employees are given a very narrow view of the tasks they are to perform.
• B)Employees think more broadly in terms of where their responsibilities lie.
• C)Employees are encouraged to make their own decisions when appropriate.
• D)Employees are encouraged to develop knowledge outside of their specialization.
• E)Lateral communication is encouraged.

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Definitions:

Long-Term Contracts

Agreements that extend over a long period, often used in industries like construction or supply services, specifying performance obligations and payment terms.

Percentage-Of-Completion Method

An accounting method used to recognize revenue and expenses of long-term projects proportionally to the degree of completion.

Revenue Recognition

Guidelines that dictate when a company can report income, crucial for timely and fair financial reporting.

Completed Contract Method

An accounting technique used to recognize revenue and expenses of long-term contracts only after the project is completed.