Line Functions

Functional Organization
A structure of an organization based on functional performance; organizational departments created to fulfill organizational functions such as marketing, finance, and personnel. This type of organization has characteristics of both line and staff functions.
Line Control
Line Control refers to different mechanisms of control exercised within an organization and telecommunications systems. It can involve organizational control over line functions or control over telecommunications systems.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.