What Happens to a Company's Organizational Structure When the Company

question 92

Multiple Choice

What happens to a company's organizational structure when the company grows?

• A)It increases in complexity.
• B)It decreases in size.
• C)It becomes easier to understand.
• D)It becomes more generic and flexible.

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check for accuracy.

List of Accounts

A comprehensive list that includes all of a company's accounts and account numbers used within its accounting system.

Account Balances

The amount of money in a financial repository, such as a checking account, at any given moment.

Reference Column

A column in ledgers or journals used to cross-reference or track specific transactions.