Virtual project teams often encounter increased challenges. All of the following items are among these increased challenges EXCEPT:
a. it is more difficult to understand the stakeholders
b. it takes more time to build relationships
c. differences in time zones are an advantage
d. change control must rely more upon facilitating than directing
C
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Which of the following is true about absorption costing?
a. No fixed factory overhead is charged to production. b. It is also known as direct costing. c. The term used to designate the difference between sales and cost of goods sold is the "manufacturing margin.". d. Overapplied factory overhead is reflected in the income statement as a reduction cost of goods sold.
Which of the following is most likely a true statement about social class?
A) Members of a social class vary drastically in their values, interests, and behaviors. B) In the United States, the lines between social classes are fixed and rigid. C) Social classes show distinct product preferences in areas such as clothing. D) Wealth is a more important variable than education in measuring social class. E) Consumers of the same age belong to the same social class.
According to some experts, what has been an effect of the increased use of technology for communication with customers?
A. More rudeness B. More competition C. Less productivity D. Less communication E. More personal interactions
When comparing the direct write-off method and the allowance method of accounting for uncollectible accounts, a major difference is that the direct method
A) uses a percentage of sales method to estimate uncollectible accounts. B) is used primarily by large companies with many receivables. C) is used primarily by small companies with few receivables. D) uses an allowance account.