Moderate Vertical Differentiation, High Horizontal Differentiation, and High Formalization Are

question 80

Multiple Choice

Moderate vertical differentiation, high horizontal differentiation, and high formalization are characteristics of an organization that indulges in ________.

• A) small-batch production
• B) mass production
• C) unit production
• D) process production

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Definitions:

Asset Account

A record in the financial statements that shows the value of a company's assets, including current, fixed, tangible, and intangible assets.

Liability Accounts

Financial accounting ledgers that record amounts owed to creditors or suppliers.

Debits

Accounting entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.