All of the Following Are Advantages of the Functional Approach

question 104

Multiple Choice

All of the following are advantages of the functional approach to organization except _____.

• A)easily understood structure
• B)specialized staff
• C)communication between units
• D)marketing expertise

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Definitions:

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock.

Common Stockholders' Equity

The portion of the equity of a corporation attributable to common shares, including retained earnings and contributed capital.

Weighted-Average Shares

The number of shares outstanding adjusted for changes in share capital, used in calculating earnings per share over a reporting period.

Retained Earnings Statement

A financial statement that outlines the changes in retained earnings for a company over a specific period.