Which of the Following Is a Characteristic of a near Group

question 42

Multiple Choice

Which of the following is a characteristic of a near group?

• A)Longevity
• B)Formality
• C)Self-appointed leadership
• D)Cohesion

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Definitions:

Depreciation Expense

Assigning the cost of a material asset over the duration of its usability.

Operating Activity

Activities that constitute the core business functions, generating revenue and incurring expenses through day-to-day operations.

Accounts Receivable

The total finances that are due to a company from its customers for goods or services that have already been delivered or utilized, but payment has not been received.

Accounts Receivable Turnover

A financial ratio indicating how efficiently a company collects cash from credit sales by measuring the number of times receivables are collected over a period.