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Commerce · Q551

Costing

Graduate and Post Graduate · Commerce · question 551

Q551

An arrangement of line of authority within company is classified as

A.
company structure
B.
organization structure
Answer
C.
line of authority
D.
line of responsibility

Answer: Option B

Solution

Answer: Option B
Solution:
Organizational structure determines how the roles, power and responsibilities are assigned, controlled, and coordinated, and how information flows between the different levels of management.