________ interact primarily to share information and to make decisions to help each member do his or her job more efficiently and effectively.

A. Informal groups
B. Work groups
C. Work teams
D. Self-managed teams


Answer: B

Business

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The depreciable cost of a building is the same as its acquisition cost

Indicate whether the statement is true or false

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Which statement most accurately describes third party beneficiary rights?

a. A beneficiary may enforce a contract if the parties intended to benefit him and if enforcing the promise will satisfy a duty of the promisee to the beneficiary. b. If a promisee intended to make a gift to the beneficiary, the beneficiary may not enforce the contract. c. An intended third party beneficiary has no enforceable rights in a contract. d. Incidental beneficiaries have enforceable rights against both contracting parties.

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Carol is self-employed and uses her automobile solely for her business. If she uses the actual expense method to compute expenses, she can include any interest paid on the loan taken out to purchase the car.

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

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A second-tier supplier is downstream from a first-tier supplier in a supply chain

Indicate whether the statement is true or false.

Business