Maxine, Inc. bought a machine on January 1, 2012 for $48,000. The machine is expected to last for 8 years, after which it will be worthless. What is the book value of the machine on Maxine's balance sheet at December 31, 2013?

Feedforward control is more popular and effective than the other forms of control

Indicate whether the statement is true or false.

Grouping departments according to similarities in product, process, customer, or geography is called ________

A) network structure B) virtual structure C) matrix structure D) functional structure E) divisional structure