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Safeco's current assets total to $20 million versus $10 million of current liabilities, while Risco's current assets are $10 million versus $20 million of current liabilities.Both firms would like to "window dress" their end-of-year financial statements, and to do so they tentatively plan to borrow $10 million on a short-term basis and to then hold the borrowed funds in their cash accounts.Which of the statements below best describes the results of these transactions?
Virtual Teams
Groups of people who work together from different geographical locations, coordinated by communication technology.
Cross-functional Teams
Teams composed of members from different departments or functional areas working towards a common goal.
Operate
To control the functioning of; to use and manage a device, machine, process, or system.
Cross-functional Teams
Teams composed of members from different departments within an organization, brought together to achieve a specific goal.
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