Eva Studio, an Audio Company, Manufactures a Wide Range of Sound

question 8

Multiple Choice

Eva Studio, an audio company, manufactures a wide range of sound systems such as noise-canceling headsets, loudspeakers, and amplifiers.Employees in EvaStudio are grouped such that each group works only on one type of sound system.Which of the following structures is EvaStudio is most likely to have employed?

• A)Matrix
• B)Multidivisional
• C)Geographic
• D)Functional
• E)Product

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Definitions:

Long-term Investments

Assets held for an extended period with the intention of achieving capital gains, dividends, or interest income.

Classified Balance Sheet

A balance sheet that organizes assets and liabilities into subcategories for clarity.

Intangible Assets

Assets that cannot be physically touched or held, such as patents, trademarks, and goodwill.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against an asset since it was placed in service, reflecting its loss of value over time.