Which of the Following Statements About Collaboration Is Not True

question 18

Multiple Choice

Which of the following statements about collaboration is not true?

• A) In business, a collaboration can last as little as a few minutes.
• B) Business collaboration relies on the formation of teams that are assigned a specific task or goal.
• C) Successful collaboration can be achieved through technology regardless of the organization's culture or structure.
• D) One business benefit of collaboration is improved innovation.

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Definitions:

Consolidated Financial Statements

Financial statements that combine the financial information of a parent company and its subsidiaries into one document.

Non-controlling Interest

A minority ownership in a subsidiary that is not large enough to exert control over the company, reflected within the equity section of the consolidated financial statements.

Consolidated Equity

The total amount of owners' equity represented in a consolidated financial statement, which reflects the combine equity of a parent company and its subsidiaries.

Non-controlling Interest

The portion of equity in a subsidiary not owned by the parent company, also known as minority interest.