Which of the Following Is True Regarding Functional Structures

question 34

Multiple Choice

Which of the following is true regarding functional structures?

• A) Jobs are based on differences in functions
• B) Departments include manufacturing, finance, accounting, human resources and information technology
• C) Each person is trained to do several job functions.
• D) Each person handles specific transactions

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Definitions:

Call Option

A financial derivative that gives the buyer the right, but not the obligation, to buy an asset at a specified price within a predetermined period.

Purchase

The act of acquiring goods or services in exchange for money or other compensation.

Underlying Asset

The underlying asset determining the value of a derivative, including options like stocks, bonds, commodities, or currencies.

Troy Ounces

A unit of measure traditionally used for precious metals, where one troy ounce equals approximately 31.1035 grams.