JAMB UTME - Commerce - 2021 | Green Bridge CBT

Departmentalization is an aspect of

directing

organizing

planning

controlling

Detalhes da Resposta

Departmentalization is an aspect of organizing within the management functions. Organizing is concerned with defining the structure of the organization and arranging resources to achieve the objectives. Departmentalization involves grouping activities and people into departments based on similarity of functions or purpose. This allows for efficient allocation of resources, coordination, and communication within the organization.

?	?
Share capital	200,000	Fixed assets	180,000
Reserves	100,000	Investment	100,000
Long term liabilities	40,000	Current assets	50,000
Current liabilities	30,000	Fictitious assets	40,000
	370,000		370,000

NAME	INSURED AMOUNT(N)	ACTUAL VALUE(N)	ACTUAL LOSS(N)
Mr. P Mr. K Mr. R	25,000 30,000 40,000	100,000 120,000 150,000	30,000 40,000 50,000

NAME	INSURED AMOUNT(₦)	ACTUAL VALUE(₦)	ACTUAL LOSS(₦)
Mr. P Mr. K Mr. R	25,000 30,000 40,000	100,000 120,000 150,000	30,000 40,000 50,000






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JAMB UTME - Commerce - 2021

A B C Balance Sheet as at 31/12/2004