Which of the Following Types of Organizations Is Most Likely

question 25

Multiple Choice

Which of the following types of organizations is most likely to operate in a state of perpetual flux and reorganization?

• A) a highly decentralized organization
• B) a team organization
• C) a matrix organization
• D) a bureaucracy
• E) a virtual organization

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Definitions:

Fair Value

The value that could be gained from the sale of an asset or the expense of transferring a liability, in a regulated transaction among market players on the date of assessment.

Asset Acquired

An item of economic value obtained by a company, expected to provide future benefit by generating cash flows or reducing expenses.

Future Service Potential

The potential of an asset to contribute to future operations and cash flows of an organization.

Physical Substance

A characteristic of tangible assets, meaning they have a physical form and can be seen, touched, and measured.