Since electronic teams (e-teams) seldom meet face-to-face, it is not important for them to be concerned with how to combine individual contributions effectively.

Answer the following statement true (T) or false (F)


False

Successful action by both traditional teams and e-teams requires that e-team leaders and key members know how to combine individual contributions in the most effective manner for a coordinated and appropriate response.

Business

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The acid-test ratio differs from the current ratio in that it

a. represents the amount of cash on hand instead of the amount of working capital. b. excludes inventories and accounts receivable from the numerator of the fraction because of obsolescence and possible nonpayment. c. is a stricter test of a company's ability to pay its current debts as they are due. d. signals the need to liquidate marketable securities when it drops below 5 to 1.

Business

The profitability index is

a. the ratio of net cash flows to the original investment. b. the ratio of the present value of cash flows to the original investment. c. a capital budgeting evaluation technique that doesn't use discounted values. d. a mandatory technique when capital rationing is used.

Business

Which of the following is NOT one of the steps in the rational problem-solving approach?

a. Define the problem b. Encourage group polarization. c. Generate alternative solutions d. Make a decision

Business

A company performs 20 days of work on a 30-day contract before the end of the year. The total contract is valued at $6,000 and payment is not due until the contract is fully completed. The required adjusting entry includes a $4,000 debit to Unearned Revenue.

Answer the following statement true (T) or false (F)

Business