In a large, multinational company, several of the tasks are split out across several states and countries. Each location has a specific component of the overall product. An employee survey recently revealed that employees had a weak conceptualization of the company's overall mission. This company has a

A. modular structure.
B. functional structure.
C. mechanistic structure.
D. network structure.
E. divisional structure.


Answer: B

Business

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The circadian rhythm refers to the psychological 24-hour cycle associated with the earth's rotation.

Answer the following statement true (T) or false (F)

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Secondary groups require continuous interaction to be effective and meaningful

Indicate whether the statement is true or false

Business

The entry to close Cost of Goods Sold includes

a. debiting Income Summary and crediting Cost of Goods Sold; b. debiting Cost of Goods Sold and crediting Income Summary; c. debiting Retained Earnings and crediting Cost of Goods Sold; d. debiting Cost of Goods Sold and crediting Retained Earnings; e. debiting Sales and crediting Cost of Goods Sold

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Tanning Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $300,000 and credit sales are $1,000,000. An aging of accounts receivable shows that 5% will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,000 before adjustment?

A) Bad Debts Expense 13,000Allowance for Doubtful Accounts 13,000 B) Bad Debts Expense 15,000Allowance for Doubtful Accounts 15,000 C) Bad Debts Expense 13,000Accounts Receivable 13,000 D) Bad Debts Expense 15,000Accounts Receivable 15,000

Business