Which organizational structure is described below? edge2021 Suppose you are hired at a company and assigned to be on a committee. After the first meeting, you realize your colleagues are comfortable making decisions that would influence the company. When you ask if the boss is ok with those decisions, your colleagues give you a puzzled look.

centralized
functional
decentralized
divisional

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.