Which of the Following Is a Permanent Organization Structure That

question 8

Multiple Choice

Which of the following is a permanent organization structure that draws from horizontal and vertical authority relationships?

• A) subordinated management
• B) matrix structure
• C) functional organization
• D) committee structure

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Definitions:

Acid Test Ratio

A financial metric that assesses a company's ability to pay off its short-term liabilities with its quick assets (cash, marketable securities, and receivables).

Current Assets

Assets that are expected to be converted into cash within one fiscal year or one operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Inventory

the total amount of goods or materials held in stock by a company, available for sale or use in production.