Abdul Was Part of a Team That Took Six Months

question 22

Multiple Choice

Abdul was part of a team that took six months to design a new solar-powered clock. When the product was finished, the team disbanded. What kind of team was it?

• A)work
• B)project and development
• C)parallel
• D)management
• E)transnational

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Definitions:

Outstanding Checks

Checks that have been written and recorded in a checking account's ledger but have not yet been cleared or deducted from the bank's balance.

NSF Check

A check that cannot be processed due to insufficient funds in the account on which it was drawn.

Bank Reconciliation

The process of matching the balances in an organization's accounting records for a cash account to the corresponding information on a bank statement.

Outstanding Checks

Checks that have been written and recorded in the paying company's books but have not yet been cashed by the recipient.