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CUET Accountancy 2022 PYQs8 Aug Shift 2. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2022 8 Aug Shift 2

Share Capital

past year questions, Company Accounts, CUET Accountancy 2022 8 Aug Shift 2

Medium

Which from the following is also known as 'Vertical Organisation'?

Solution

✅ Correct Option: 2

Line Organisation is the oldest and simplest form of organisational structure where authority flows in a direct vertical line from top management down to lower levels. Because of this straight downward flow of authority and responsibility, it is also referred to as a vertical or scalar organisation.

Note: This question relates to management/organisational theory rather than accounting; we have placed it under Company Accounts as the closest listed topic.

Related questions:

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(C) It is also called Nominal capital.

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Choose the correct answer from the options given below:

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Choose the correct answer from the options given below:

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CUET Accountancy Past Year Questions (Topic-Wise)