Ohm Software prompts representatives from its software development team as well as its sales and marketing team to review and monitor the performance of its product and service innovations. This is an example of a ________.

A. task force
B. community of practice
C. joint venture
D. cross-functional team


Answer: D

Business

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On December 1, 2016, Old Car Co borrowed money at the bank by signing a 90-day non-interest-bearing note for $24,000 that was discounted at 8%. Which of the following entries is correct?

A) March 1, 2017Note Payable 23,520Cash 23,520 B) December 31, 2016Interest Expense 160Interest Payable 160 C) December 1, 2016Cash 24,000Note Payable 24,000 D) December 31, 2016Interest Expense 160Discount on Notes Payable 160

Business

The main source of the information needed to prepare the balance sheet is

a. the Account Title column of the work sheet; b. the statement of owner's equity; c. the Balance Sheet columns of the work sheet; d. the Income Statement accounts; e. the trial balance

Business

Individuals who acquire some level of skill and knowledge in the field of computer ethics are involved in which level of computer ethics?

a. para computer ethics b. pop computer ethics c. theoretical computer ethics d. practical computer ethics

Business

When a fully depreciated asset with a residual value is discarded

A) a loss equal to its residual value may be recognized. B) a gain equal to its residual value may be recognized. C) no gain or loss may be recognized. D) a gain for its carrying value may be recognized.

Business