After Maria and Her Group Finished Setting Up the New

question 27

Multiple Choice

After Maria and her group finished setting up the new database system, the team was dismantled and they were each assigned to work on different projects. What type of organizational design is in place at Maria's company?

• A) functional
• B) network
• C) product
• D) geographic

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Definitions:

Actual Expenses

Expenses that have been paid out or actually incurred, as opposed to budgeted or projected expenses.

Budgeted Amounts

Financial projections or plans for future income, expenditure, and cash flow over a specific period.

Segmental Accounting Report

Financial reports broken down by specific parts of a company, such as divisions or departments, to assess performance of each separately.

Departmental Accounting Report

A financial report detailing the revenues and expenses of each department within an organization, allowing for the assessment of each department's profitability.