An Increasing Number of Multinational Firms Have Begun to Use

question 22

Multiple Choice

An increasing number of multinational firms have begun to use internal Web servers on the Internet to facilitate communications and transactions among
Employees, suppliers, independent contractors, and distributors. This would be
An example of which of the following organizational forms?

• A) vertical
• B) horizontal
• C) matrix
• D) consensus
• E) e-company

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.

Direct Method

A method of preparing the cash flow statement in which actual cash flow information from the company’s operations segment is used, instead of adjustments to net income.

Direct Method

A means of presenting the cash flow statement where cash receipts and cash payments from operating activities are listed directly.

Retirement Of Debt

The process of paying off debt obligations, either by making scheduled payments or through a lump-sum payment.