All of the following are current assets except:
A) office equipment.
B) cash.
C) prepaid insurance.
D) accounts receivable.
E) marketable securities.
Question 2 - Jackson Inc is a bicycle and cycling product manufacturer. Sales have been declining in the last several years, and executives have determined that the company has produced too many different products and lacks focus. As a result, executives wish to reorganize in an effort to revitalize the company. Efficiency and control will be Jackson's focus as they move to cut costs and streamline product lines. Additionally, executives feel it is important to restrict decision making to key functional managers who will communicate decisions to their subordinates. What type of organizational design would best fit Jackson Inc?
A) Centralized with line structure
B) Decentralized with departmentalization by location
C) Decentralized with wide span of management
D) Centralized with wide span of management
E) Centralized with network structure
Question 3 - Dr. Ted Walker runs a chiropractic clinic. He typically bills his customers for services he performs and gives them about 30 days to make the payments. These amounts of money that his customers owe are called:
A) fixed assets.
B) prepaid expenses.
C) unearned revenues.
D) intangible assets.
E) accounts receivable.
Question 4 - ABC Company, an online retailer of unique home decor items, has a unique company culture. Employees are expected to be creative, to innovate and create change, and to deliver excellent customer service. Customer service associates take new product suggestions from customers and work with designers and production team members to make some of the customer suggestions a reality. As a result, the company is highly responsive to customers, and employees are highly empowered. Which of the following aspects of organizational design would best fit at ABC Company?
A) Centralized with a line and staff structure
B) Centralized with a matrix structure
C) Decentralized with a matrix structure
D) Decentralized with a line structure
E) Decentralized with a line and staff structure
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