A manufacturing plant may be divided into production, sales and marketing, accounting, and human resources with very little crossover between the departments. This is an example of which concept below?
a. Departmentalization
b. Span of control
c. Bureaucracy
d. Specialization
a. Departmentalization
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Which of the following accounts would not appear on the financial statements of a retailer that does NOT issue its own private label credit card?
A) Merchandise Inventory B) Cash and Cash Equivalents C) Merchandise Sales D) Credit Card Receivable
An investor who wants to take advantage of a temporary decline in the price of a stock should use a limit order
Indicate whether the statement is true or false.
Which of the following types of computer is used for weather forecasting on a national or worldwide scale?
A) Mainframe B) Server C) Minicomputer D) Supercomputer E) PC
The purchase and sale of shares in exchange-traded funds can be executed at any time when the markets are open
Indicate whether the statement is true or false.