A _____ Organization Groups Together People Who Have Comparable Skills

question 40

Multiple Choice

A _____ organization groups together people who have comparable skills and perform similar tasks.

• A)functional
• B)serviceable
• C)purposeful
• D)divisional

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Definitions:

Personal Use

Utilization of a company or business asset for individual, non-business related activities or benefits.

Drawings

Withdrawals of cash or other assets from a privately-owned business by the owner(s) for personal use.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.

Debts And Obligations

Financial commitments or responsibilities, such as loans and promissory notes, that an entity is required to pay to others.