Amortization Is the Process by Which Businesses Spread the Allocation

question 63

True/False

Amortization is the process by which businesses spread the allocation of an intangible asset's cost over its useful life.

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Definitions:

Machine Bureaucracy

A moderately decentralized form of organization that emphasizes support staff differentiated from the line operations of the organization, limited horizontal decentralization of decision making, and a well-defined hierarchy of authority.

Adhocracy

A selectively decentralized form of organization that emphasizes the support staff and mutual adjustment among people.

Adhocracy

An organizational structure that is flexible, non-hierarchical, and adaptable, often employed to spur innovation and adapt quickly to changes.

Centralization

The process of concentrating control and decision-making authority within a centralized group or location, often at the top levels of organizational hierarchy.