Which of the following is true of the organic style of organizational management?
A) It divides and subdivides work into ever-smaller, highly specialized tasks.
B) It centralizes the decision-making authority with rules and norms.
C) It coordinates activities mainly through the subordinate-boss relationship.
D) It suits rapidly changing environments requiring flexibility and innovation.
E) It emphasizes the hierarchy of authority, vertical communication, and accountability.
D
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The materiality concept states that a company must ________
A) report only such information that enhances the financial position of the company B) perform strictly proper accounting only for significant items C) report enough information for outsiders to make knowledgeable decisions about the company D) use the same accounting methods and procedures from period to period
A fee simple owner of land cannot legally dispose of the land by his or her will
Indicate whether the statement is true or false