Which of the Following Would Not Be Considered an Internal

question 106

Multiple Choice

Which of the following would not be considered an internal centralized service department?

• A) Payroll accounting department
• B) Manufacturing department
• C) Information systems department
• D) Purchasing department

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Definitions:

Common Stock

A type of ownership in a corporation that entitles shareholders to vote on corporate matters and receive a share of the company's profits through dividends.

Fair Value

A measure of the price at which an asset would change hands between willing parties, neither being under compulsion to buy or sell.