A New Organization Is Created with Both

question 55

Multiple Choice

A new organization is created with both:

• A) a heavyweight team leader and a new venture division.
• B) a new venture division and a "skunkworks."
• C) a joint venture and a "skunkworks."
• D) a new venture division and a joint venture.

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Definitions:

Debit/Credit

Fundamental aspects of all accounting transactions, where debits are entries on the left side, and credits are entries on the right side, used to record business transactions in the ledger.

Dividend

Money dispensed by a corporation to its owners/shareholders, generally from the company's earnings.

Investment Income

Income coming from interest payments, dividends, capital gains, and other profits made through an investment.

Associated Companies

Companies that are connected through common ownership or control but aren't subsidiaries or fully owned entities of the parent company.