Each of the Following Is a Reason That Team-Based Approaches

question 64

Multiple Choice

Each of the following is a reason that team-based approaches have been gaining in popularity in recent years except ________.

• A) the modern workforce is better educated and thus better prepared to perform complex decision-making functions
• B) most jobs now require flexible approaches to rapidly changing technologies and business climates
• C) businesses exist in a complex, interconnected environment in which no employee can know or master everything needed to run a successful enterprise
• D) researchers have found that because of factors like groupthink and risky shift, groups tend to make more effective decisions than individuals

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Definitions:

IRS

The United States Internal Revenue Service, a federal agency responsible for collecting taxes and administering the Internal Revenue Code.

Accrual Basis

An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash is actually received or paid.

Cash Basis

An accounting method where revenues and expenses are recognized when cash is actually received or paid out.

Bookkeeping

Bookkeeping is the systematic recording, organizing, and maintaining of financial transactions for a business or individual.