Which of the following is not a boundaryless organizational design?

A. matrix
B. barrier-free
C. modular
D. virtual


Answer: A

Business

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Indicate whether the statement is true or false.

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The purpose of closing entries is to

A) update a periodic inventory account for credit sales. B) update the retained earnings account on a daily basis. C) apportion prepaid expenses and unearned revenues to bring the accounts up to date. D) reduce all temporary accounts to zero.

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________ refers to the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use

A) Sole sourcing B) Retailing C) Manufacturing D) Procurement E) Warehousing

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A firm must pay all current and previously postponed preferred dividends before it can pay any dividends on common shares, thus the preferred shares have the feature called

a. convertible dividend rights. b. noncumulative dividend rights. c. cumulative dividend rights. d. callable dividend rights. e. participating dividend rights.

Business