Organisational Structure Is Made Up of Six Key Elements

question 219

Multiple Choice

Organisational structure is made up of six key elements.Which of the following is not one of these elements?

• A)coordination
• B)formalisation
• C)departmentalisation
• D)centralisation

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Definitions:

Future Rents

Future rents refer to the payments that are expected to be received in the future for the use of an asset, typically real estate.

Unreimbursable Costs

Expenses that cannot be recovered or compensated for by any means.

Estimated Economic Life

The expected period over which an asset is considered to be useful and contribute to the earnings of a business, affecting its depreciation or amortization.

Capital Lease

A lease agreement in which the lessee essentially acquires the ownership rights of the leased asset, also referred to as a finance lease.