Which of the Following Statements Is True Regarding a Cross-Functional

question 30

Multiple Choice

Which of the following statements is true regarding a cross-functional team?

• A) A cross-functional team is made up of employees from different hierarchical levels.
• B) A cross-functional team is made up of employees from the same department.
• C) Cross-functional teams have decreased in popularity in the last few decades.
• D) In the case of a cross-functional team, the early stages of development are typically very short.
• E) Cross-functional teams are used for developing new ideas and coordinating complex projects.

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Definitions:

Cash Receipts Journal

A specific type of journal used in accounting to record all cash inflows or receipts during a certain period.

Special Journals

Accounting journals designed for recording a specific type of transaction in a more efficient manner, such as sales or purchases, to simplify the accounting process.

Cash Sales

Transactions where goods or services are exchanged immediately for cash, without the extension of credit.

Account Sales

A detailed report provided by a consignee or an agent to the consignor detailing the sale of consigned goods, including prices obtained and associated costs.