This involves combining individual jobs into work groups and combining work groups to make up the total organization.
a. Specialization
b. Decentralization
c. Formalization
d. Departmentalization
e. Centralization
Answer: d. Departmentalization
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Which of the following should be followed when writing recommendation letters?
A) Omit any negative information. B) Only verify dates of employment and job titles. C) Never collaborate with the former employee in developing the letter. D) Understand your company's policy on letters of recommendation to avoid legal complications. E) Never offer to provide a personal reference.
Many times a financial analyst may decide to make adjustments to the financial statements in order to make the statements more useful. Which of the following would not require an adjustment to the financial statement?
a. A company signs a new contract with a customer. b. A delivery company incurs a loss from disposition of used delivery trucks. c. A company changes the useful life of its equipment from 5 years to 8 years. d. A company incurs a charge related restructuring its operations.
Xavier and Yolonda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%, salary allowances of $27,000 and $18,000 respectively, and the remainder equally. How much of the net income of $40,000 is allocated to Xavier?
A) $20,000 B) $22,000 C) $32,000 D) $0
Which of the following is an optional element in a business letter?
A. The salutation B. The attention line C. The complimentary closing D. The inside address