If a manufacturer divides the organization according to the way goods are created, what type of departmentalization is being utilized?
A) Functional departmentalization
B) Process departmentalization
C) Customer departmentalization
D) Geographic departmentalization
E) Brand departmentalization
Answer: B
Explanation: B) With process departmentalization, the organization is divided according to production processes used to create a good or service.
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In a logical DFD for a B/AR/CR process, you would expect that a credit memo would be sent by the B/AR/CR process to the customer from which of the following processes?
a. perform billing b. manage customer accounts c. receive payment d. validate sales order
After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $32,000. The entry to close the income summary account will be:
A. Credit Retained earnings $32,000; debit Dividends $32,000. B. Debit Income Summary $32,000; credit Retained earnings $32,000. C. Debit Income Summary $32,000; credit Dividends $32,000. D. Debit Dividends $32,000; credit Income Summary $32,000. E. Debit Retained earnings $32,000; credit Income Summary $32,000.
Once we have a solution, we should then perform ________ analysis
Fill in the blanks with correct word
In order to negotiate an order instrument, it must be indorsed and delivered
Indicate whether the statement is true or false