Which of the Following Examples Illustrates Practices That Enhance Creativity

question 58

Multiple Choice

Which of the following examples illustrates practices that enhance creativity?

• A) AB Inc. has a rigid organizational structure that includes layers of approval, fixed office timings, and a large amount of paperwork for new projects.
• B) Nicholas and his colleagues think in a convergent manner to focus on a single and frequently used solution to problems.
• C) Eric, a team manager, encourages his team members to determine the best possible method for reaching a particular target.
• D) Tanya, a graphic designer for a popular magazine, looks to gain approval from her team mates for her innovative ideas rather than finding other alternatives.

---

Definitions:

Allowance for Doubtful Accounts

An accounting provision representing the estimated amount of receivables that may not be collected, reducing the accounts receivable balance to its net realizable value.

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal, used in valuing inventory and accounts receivable for financial reporting.

Write-Off

A write-off involves removing an asset from the financial statements because it is no longer collectible or has no value.

Bank Reconciliation

Bank reconciliation involves the process of matching and comparing the account balance in an entity's financial records to the corresponding information on a bank statement, to ensure accuracy and consistency.